Hungarian Prime Minister Viktor Orban said on Thursday that cuts in the money supply by the National Bank of Hungary were too fast and drastic as inflation has probably peaked and price growth was driven by energy costs and sanctions on Russia.

Orban said he saw tentative signs of an improvement in inflation trends after data showing price growth eased marginally to an annual 25.4% in February. (Reporting by Gergely Szakacs and Krisztina Than)