{"id":168758,"date":"2026-07-07T12:35:40","date_gmt":"2026-07-07T12:35:40","guid":{"rendered":"https:\/\/friss-hirek.hu\/index.php\/olyan-alacsony-az-inflacio-hogy-most-egy-fokkal-megint-vonzobbak-lettek-az-allampapirok\/friss-hirek\/"},"modified":"2026-07-07T12:35:40","modified_gmt":"2026-07-07T12:35:40","slug":"olyan-alacsony-az-inflacio-hogy-most-egy-fokkal-megint-vonzobbak-lettek-az-allampapirok","status":"publish","type":"post","link":"https:\/\/friss-hirek.hu\/index.php\/olyan-alacsony-az-inflacio-hogy-most-egy-fokkal-megint-vonzobbak-lettek-az-allampapirok\/uzlet\/","title":{"rendered":"Olyan alacsony az infl\u00e1ci\u00f3, hogy most egy fokkal megint vonz\u00f3bbak lettek az \u00e1llampap\u00edrok"},"content":{"rendered":"<p><strong>A KSH adatai szerint 1,7% volt a p\u00e9nzroml\u00e1s \u00e9ves \u00fcteme j\u00faniusban, azaz az \u00e1llampap\u00edr-befektet\u0151k k\u00f6nnyed\u00e9n verhetnek k\u00f6r\u00f6ket az infl\u00e1ci\u00f3ra. <\/strong><\/p><div id=\"friss-3938975203\" class=\"friss-etarget friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div>\n<p><strong>Mi t\u00f6rt\u00e9nt?<\/strong> Hi\u00e1ba cs\u00f6kkentette k\u00e9tszer is 50 b\u00e1zisponttal a hazai lakoss\u00e1gi \u00e1llampap\u00edrok kamatait az <a href=\"https:\/\/forbes.hu\/penz\/akk-tardos\/\">\u00c1llamad\u00f3ss\u00e1g Kezel\u0151 K\u00f6zpont (\u00c1KK),<\/a> a tov\u00e1bb cs\u00f6kken\u0151 infl\u00e1ci\u00f3nak k\u00f6sz\u00f6nhet\u0151en m\u00e9g mindig bus\u00e1s re\u00e1lhozamot jelentenek az \u00e1llamk\u00f6tv\u00e9nyek a hazai befektet\u0151knek. <\/p>\n<div class=\"related-post-links\">\n<p>\t\t<span class=\"related-post-links__title minititle\">T\u00f6bb ebb\u0151l<\/span><\/p>\n<div class=\"related-post-links__link-wrapper\">\n\t\t\t\t<a href=\"https:\/\/forbes.hu\/penz\/kotvenyhozamok-magyarorszag-anglia\/\" class=\"related-post-links__link\">Magyarorsz\u00e1gnak megszavazz\u00e1k azt a bizalmat a befektet\u0151k, amit Anglia \u00e9ppen rohamtemp\u00f3ban vesz\u00edt el<\/a>\n\t\t\t<\/div>\n<div class=\"related-post-links__link-wrapper\">\n\t\t\t\t<a href=\"https:\/\/forbes.hu\/penz\/akk-tardos\/\" class=\"related-post-links__link\">Az OTP-t\u0151l \u00e9rkezik topmenedzser az \u00c1KK \u00e9l\u00e9re<\/a>\n\t\t\t<\/div>\n<\/div>\n<p><strong>R\u00e9szletek. <\/strong>A KSH kedd reggeli adatk\u00f6zl\u00e9s\u00e9b\u0151l kider\u00fclt, <a href=\"https:\/\/forbes.hu\/penz\/lejjebb-kapcsolt-az-inflacio-ezt-mutatjak-a-friss-szamok\/\">j\u00faniusban mind\u00f6ssze 1,7% volt az \u00e9ves infl\u00e1ci\u00f3<\/a> haz\u00e1nkban, kevesebb, mint az az 1,9%, amit a piac v\u00e1rt, \u00e9s alulm\u00falta az 1,8%-os m\u00e1jusi sz\u00e1mokat is. Az \u00e9lelmiszerek \u00e1ra gyakorlatilag stagn\u00e1lt, a szolg\u00e1ltat\u00e1sok dr\u00e1gul\u00e1sa pedig \u00e9vek \u00f3ta nem l\u00e1tott alacsony szintre ker\u00fclt. <\/p>\n<p><strong>Mit jelent ez a gyakorlatban? <\/strong>Az infl\u00e1ci\u00f3 cs\u00f6kken\u00e9se azt jelenti, a jelenleg el\u00e9rhet\u0151 5 \u00e9ves futamidej\u0171 FixM\u00c1P 6%-os \u00e9ves kamata 4,3%-os re\u00e1lhozamot (az infl\u00e1ci\u00f3 felett el\u00e9rt hozam) jelent a befektet\u0151k sz\u00e1m\u00e1ra, ami m\u00e9g mindig vonz\u00f3 befektet\u00e9st jelenthet azok sz\u00e1m\u00e1ra, akik nem fix\u00e1lt\u00e1k be maguknak az \u00e9v elej\u00e9n m\u00e9g b\u0151ven el\u00e9rhet\u0151 7%-os \u00e9ves kamatoz\u00e1s\u00fa FixM\u00c1P-sorozatokat.<\/p>\n<p><strong>Kontextus. <\/strong>Az \u00c1KK az elm\u00falt h\u00f3napokban 1 sz\u00e1zal\u00e9kponttal cs\u00f6kkentette a fix kamatoz\u00e1s\u00fa lakoss\u00e1gi \u00e1llampap\u00edrok kamat\u00e1t. Erre az\u00e9rt volt lehet\u0151s\u00e9ge, mert a <a href=\"https:\/\/forbes.hu\/penz\/kotvenyhozamok-magyarorszag-anglia\/\">Tisza korm\u00e1nyra ker\u00fcl\u00e9s\u00e9vel p\u00e1rhuzamosan hatalamasat n\u0151tt a befektet\u0151i bizalom<\/a> a magyar korm\u00e1ny ir\u00e1nt, azaz a befektet\u0151k elkezdt\u00e9k falni a magyar k\u00f6tv\u00e9nyeket \u2013 ez az \u00e1rfolyamuk n\u00f6veked\u00e9s\u00e9hez, \u00e9s k\u00edn\u00e1lt hozamuk cs\u00f6kken\u00e9s\u00e9hez vezetett, ezt a folyamatot pedig az <a href=\"https:\/\/forbes.hu\/penz\/kezdo-kisbefektetok-bibliaja-vig-portfolioepites\/\">\u00c1KK is lek\u00f6vette a lakoss\u00e1gi pap\u00edrok k\u00f6r\u00e9ben<\/a>. <\/p>\n<p><!-- No email blocks found --><\/p>\n<p>The post <a href=\"https:\/\/forbes.hu\/penz\/allampapir-inflacio-julius\/\">Olyan alacsony az infl\u00e1ci\u00f3, hogy most egy fokkal megint vonz\u00f3bbak lettek az \u00e1llampap\u00edrok<\/a> appeared first on <a href=\"https:\/\/forbes.hu\/\">Forbes.hu<\/a>.<\/p><div id=\"friss-2342353312\" class=\"friss-etarget-cikk-vege friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var 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n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div><div id=\"friss-1257689340\" class=\"friss-after-content_2 friss-entity-placement\" style=\"clear: both;\"><div class=\"wprss_ajax\" data-id=\"rss7a00ef25f6\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/friss-hirek.hu\/wp-content\/plugins\/wp-rss-retriever\/inc\/imgs\/ajax-loader.gif\" alt=\"Loading RSS Feed\" width=\"16\" height=\"16\"><\/div><\/div><br style=\"clear: both; display: block; float: none;\"\/><div id=\"friss-609658677\" class=\"friss-after-content_3 friss-entity-placement\">https:\/\/www.youtube.com\/watch?v=Pdnw4KiUWp0<\/div>","protected":false},"excerpt":{"rendered":"<p>A KSH adatai szerint 1,7% volt a p\u00e9nzroml\u00e1s \u00e9ves \u00fcteme j\u00faniusban, azaz az \u00e1llampap\u00edr-befektet\u0151k k\u00f6nnyed\u00e9n verhetnek k\u00f6r\u00f6ket az infl\u00e1ci\u00f3ra. Mi t\u00f6rt\u00e9nt? Hi\u00e1ba cs\u00f6kkentette k\u00e9tszer is 50 b\u00e1zisponttal a hazai lakoss\u00e1gi \u00e1llampap\u00edrok kamatait az \u00c1llamad\u00f3ss\u00e1g Kezel\u0151 K\u00f6zpont (\u00c1KK), a tov\u00e1bb cs\u00f6kken\u0151 infl\u00e1ci\u00f3nak k\u00f6sz\u00f6nhet\u0151en m\u00e9g mindig bus\u00e1s re\u00e1lhozamot jelentenek az \u00e1llamk\u00f6tv\u00e9nyek a hazai befektet\u0151knek. T\u00f6bb ebb\u0151l Magyarorsz\u00e1gnak [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-168758","post","type-post","status-publish","format-standard","hentry","category-uzlet"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/168758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/comments?post=168758"}],"version-history":[{"count":0,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/168758\/revisions"}],"wp:attachment":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/media?parent=168758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/categories?post=168758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/tags?post=168758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}