July CPI climbs to 13.7 pc
Consumer prices in Hungary rose by an annual 13.7 percent in July, up from an 11.7 percent increase in June, driven by higher food and consumer durable prices, the Central Statistical Office (KSH) said on Tuesday.
Food prices rose by 27.0 percent, KSH said.
The government rolled back prices for a number of staples, including pork, cooking oil and flour, to mid-October levels from February 1 in an effort to dampen inflation.
The data show consumer durable prices increased by 14.0 percent, and the price of services by 6.8 percent.
Core inflation, which excludes volatile fuel and food prices, was 16.7 percent.
Month on month, CPI was 2.3 percent.
Read alsoWill the government sell the lands of the Hungarian national parks?
Source: MTI
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Woody Allen sent a heartwarming VIDEO message to Hungary and Budapest
Budapest City Council undecided in multiple issues on 1st meeting
Budapest traffic to be paralysed this weekend due to car-free weekend and WWII bomb disarmament
Hungary wants to speed up the EU accession of the Western Balkans, says FM Szijjártó in Bosnia
Manfradytrade reviews: comfortable trading online
Top Hungary news: Woody Harrelson statue, public transport upgrades in Budapest, Veszprém’s gold – 4 October, 2024
