Top price increase came in 2021

The past year has been hectic in many ways. The change in the average price of individual products and services is no exception. Among the most expensive goods, there are almost exclusively food products, some of which have become 20-30 per cent more expensive compared to 2020. Many of these products are staple foods. There were two vegetables in Hungary that became 20 per cent more expensive in 1 month.

The year 2020 is over, and it has become possible to examine how the price of certain products and services changed compared to January last year. The analysis of Pénzcentrum revealed that by January 2021, 

the price of apples, sunflower oil, and unpolished husked rice increased the most.

The price of a kilogram of apples rose 30 per cent, and the price of cooking oil and rice went up by 21 and 17.7 per cent in the last 12 months. In 2020, several cigarette brands, white bread, cucumbers, oranges, and granulated sugar were among the top 10 most expensive products.

Among these products, two had a base price of above HUF 1,000 in January 2020, and these were cigarettes. In the case of other products, a price change of a few hundred forints can be observed. For example, in the case of apples, while in January 2020, an average of 345 forints per kilo had to be paid, in January 2021, it was 449 forints. Similarly, in the case of one litre of sunflower oil, an increase of more than 100 forints can be observed, while the price of husked rice increased by 60 forints.