Hungary consumer prices climb 3.6% in August, more than expected

Figures

Consumer prices in Hungary climbed 3.6% in the twelve months to August, up from a 3.1% increase in July, the Central Statistics Office (KSH) said on Tuesday.

August consumer prices dropped 0.1% in a month after a 0.3% month-on-month decline in July.

The average forecast of analysts in London for the August twelve-month CPI was 3.34%, and analysts polled by the financial daily Napi Gazdaság had put the headline figure at 3.4%.

ADVERTISEMENT

Varga Augurs Return to Growth in H2 2023 Analysis

Varga Augurs Return to Growth in H2 2023

Gov't Extends Deposit Rate Cap Till Year-end Government

Gov't Extends Deposit Rate Cap Till Year-end

Scope Changes Outlook on Magyar Telekom Rating to Positive Telco

Scope Changes Outlook on Magyar Telekom Rating to Positive

Esztergom Guest Nights up 15% in July Tourism

Esztergom Guest Nights up 15% in July

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.