The indicator for core inflation, excluding indirect tax effects, was in 1.4% in July, level with the rate in the previous two months. The indicator for demand-sensitive inflation, which excludes processed foods from core inflation, was 1.5%, edging up from 1.4% in June.
The indicator for sticky price inflation, which includes items for which retail prices vary, on average, no more than 15% a month, was 1.4%, also up one-tenth of a percentage point from the previous month.
Consumer prices in Hungary edged up 0.1% year-on-year in July, rising after three consecutive months of declines had caused some rumblings about the threat of deflation, data released by the Central Statistics Office (KSH) on Tuesday show.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
