• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
April Consumer Prices Down 0.1 Pc In One YearApril Consumer Prices Down 0.1 Pc In One YearApril Consumer Prices Down 0.1 Pc In One YearApril Consumer Prices Down 0.1 Pc In One Year
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
Support us
Daily News Daily News · 13/05/2014
· Business

April Consumer Prices Down 0.1 Pc In One Year

economy money
forint hungary

Budapest, May 13 (MTI) – Hungarian consumer prices eased 0.1 percent in the twelve months to April, the Central Statistical Office (KSH) said on Tuesday.

The twelve-month consumer price index (CPI) fell below zero for the first time since 1968, KSH statistician Borbala Minary said, adding that this could not be called deflation, however, “because deflation is prolonged negative inflation.”

Analysts polled by business daily Napi Gazdasag had forecast April inflation at 0.2 percent. The estimates of London-based emerging market analysts varied between 0.1 percent and 0.2 percent.

Part of the drop reflected the latest of a series of regulated price cuts that reduced the base fee for gas in April, but it was foods that weighed on prices more heavily, Minary said, adding that prices for fuel, clothing and durable goods also continued to fall in annual terms.

Price growth of alcohol and tobacco was more moderate than expected, the KSH added.

April core inflation, stripping out fuel and food, was 2.4 percent.

Photo: Daily News Hungary

Source: http://mtva.hu/hu/hungary-matters

economy money
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • PHOTOS: Budapest mayor in Transcarpathia, Ukraine, delivers aid
  • NATO will kick out Hungary for sacking ‘NATO friend officers’ from the Hungarian military?
  • PHOTOS: Delhi Hungarian Cultural Centre commemorated famous Hungarian-Indian painter
  • Snowstorm: Lufthansa plane almost ran out of fuel over Hungary, passengers in shock
  • What happened today in Hungary? – 3 February, 2023
  • Court: Hungary responsible for the death of a 22-year-old Syrian migrant
  • 510 EUR/month – would you work for that in Hungary as a university teacher?
  • Wizz Air considerably changed its summer schedule, ticket prices expected to grow

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V