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DK: STABLE, STRONG FORINT NEEDED

 

The opposition Democratic Coalition will work swiftly to ensure a stable and strong Hungarian currency should it be elected in next year’s general election, Klára Dobrev, the party’s candidate for prime minister, said. According to fresh data, consumer prices in May grew by an annual 5.1%, an eight-year record, Dobrev noted at an online press conference. The price of cooking oil has grown by 25% in the past year, the price of eggs by 10%, and the price of fuel by 36%, she said, adding that a stable forint would staunch inflation. Meanwhile, Dobrev said a government run by the current opposition would set the medium-term goal of introducing the euro, adding that Slovakia, which introduced the single currency in 2009, had witnessed much slower price rises.