The Government said it still expected overall inflation of 8.5 percent in 1989.
A permanent plan to control the nation's 8.7 percent inflation is expected in two weeks.
"We are certainly not moving towards 1 to 2 percent inflation."
The market is now pricing in just 2 percent inflation over the next 5 years.
That is higher than the bank's 2.5 percent inflation target.
At 3 percent inflation, you'd end up with $20,600 in the second year of retirement and so on from there.
In Britain, for example, the current goal is 2.5 percent inflation.
They are predicting inflation of 15 percent or less in April.
Officials had expected 200 percent inflation this month, but the gasoline price increase alone looked likely to make it much higher.
For one thing, Hungary is not suffering from 1,000 percent inflation.