Subscribe to our social channels to get the latest news about Hungary!
Bad news: Pizza inflation is the highest in Hungary
Change language:
Today, 9 February, is National Pizza Day in the United States and Canada. On this occasion, Eurostat shared some data on pizza and quiche prices. To be more precise, on the price increases of these two much-liked dishes. Believe it or not, Hungary is the winner in this as well: pizza prices rose the most in December on an annual basis in our country.
Pizza inflation highest in Hungary
The average price of pizza and quiche in the European Union was 16 percent higher last December than a year earlier. From 2020 to 2021, the increase was just 2 percent, Eurostat data show. There is some bad news for Hungarians. As with overall inflation, the country has set a record for pizza inflation as well. The price rise was 46 percent. This rate is significantly higher than in any other country, Portfolio reports.
Hungary is followed by Lithuania with 39 percent and Bulgaria with 37 percent. Meanwhile, Luxembourg, Italy and France recorded increases of only 7 percent, 10 percent and 13 percent respectively.
Inflation data to be released on Friday
The Hungarian Central Statistical Office (Központi Statisztikai Hivatal, KSH) is releasing January’s inflation data on Friday, 10 February. As we reported earlier, experts answering inquiries by Világgazdaság believe that inflation has reached its peak in Hungary and is expected to slow down and easy in the coming weeks and months. Experts expect an average annual increase of 18 percent this year.