01775cas a2200241 a 4500 AALejournalIMF018710 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484372371 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Hungary : 2018 Article IV Consultation-Press Release and Staff Report. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (62 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2018 Article IV Consultation highlights that the headline inflation in Hungary has started to pick up, mainly owing to higher energy prices, while core inflation has been running sideways over the past six months, despite emerging capacity constraints. Unemployment remains on a decreasing trend, and labor shortages are intensifying despite the improvement in participation rates. The 2017 general government fiscal deficit narrowed to 2 percent of GDP, compared with the budgeted 2.4 percent. This outcome was mostly driven by strong GDP growth and reduced interest payments. The IMF staff projects the 2018 overall fiscal deficit at about 2.4 percent of GDP, in line with the budget's target. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/252 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/252/002.2018.issue-252-en.xml IMF e-Library