CEE MARKETS-Forint underperforms on surprise increase in inflation
November 08, 2019 at 05:51 AM EST
Hungary's forint eased on Friday versus the euro and underperformed its Central European peers as October inflation came in above expectations while the Hungarian central bank has been sticking to its ultra-loose monetary policy. Headline inflation picked up to 2.9% in October, while the central bank's key tax-adjusted inflation number also rose to 3.7% in October from 3.4% in September, data showed. "Today's data also signals ... t