By Gergely Szakacs
BUDAPEST, Oct 14 (Reuters) – The National Bank of Hungary (NBH) is likely to leave its base rate and overnight deposit rate unchanged on Tuesday after weaker-than-expected September consumer prices data eased some concerns about inflation, a Reuters poll of economists showed.
All 22 analysts in the Oct. 12-14 survey said the NBH would leave its base rate on hold at 0.6% HUINT=ECI. The 10 economists who gave a forecast for the overnight deposit rate said it would also remain steady at -0.05% HUODPO=ECI.
Just two days after keeping rates on hold at its September policy meeting, the bank raised the interest rate on its one-week deposit facility by 15 basis points to 0.75% NBHK on Sept. 24 to arrest a slide in the forint EURHUF=.
Central Europe’s worst-performing unit firmed below the 360 per euro mark last week after data showed Hungarian