Hungary Inflation at 24% in April

The highest price rises were measured for electricity, gas, and other fuels as well as food over the last 12 months.

A price rise of 37.9% year-on-year was recorded for food, within which the highest ones for the following: 63.5% for milk products, 62.1% for butter, 61.9% for other confectionery products, 61.6% for bread, 51% for eggs, 47.6% for pasta products, 46.7% for rolls, 45.4% for cheese and 43.2% for milk.

The lowest price increases within the product group were observed for flour (8.8%) and edible oil (3.4%). Electricity, gas, and other fuels became 41.8%, within which natural and manufactured gas 59.4%, firewood 54.4%, butane and propane gas 46.9%, and electricity 27.3% more expensive. 

Alcoholic beverage and tobacco prices were up by 20.5% on average, within which alcoholic beverage prices by 27.5%. Consumers paid 9.3% more for consumer durables, within which 18% more for new passenger cars, 16.1% more for kitchen and other furniture, 15.7% more for heating and cooking appliances and 15.2% more for living and dining room furniture.

Pet food prices became 59.1%, the price of detergents 39.8%, that of toilet articles 28.3%, and household repair and maintenance goods prices 20.7% higher. Motor fuels became 26% more expensive. 

Service charges rose by 14.1%, within which a taxi cost 36.2%, recreation in the country 28%, other public entertainment tickets 27.9%, motorway use, renting a car, and parking 27.6%, the repair and maintenance of vehicles 23.4% and the repair and maintenance of dwellings 20% more for consumers.

Consumer Prices up 0.7% Compared to March

Consumer prices increased by 0.7% on average compared to March. Food prices were unchanged on average. Within this, chocolate and cocoa cost 3.5%, non-alcoholic beverages, and meals at restaurants both 1.4% and coffee 1.2% more, while cheese 4.1%, milk 2.7%, milk products 2%, pasta products 1.4%, bread 1.3%, butter 1% and other meat preparations 0.9% less for consumers.

The price of electricity, gas, and other fuels was cut by 0.8%, within which consumers paid 2.1% less for natural and manufactured gas. Motor fuels became 0.7% cheaper.

The price of detergents was up by 4.7%, that of toilet articles by 2.8%, and pet food prices by 1.6%. Services became 1.7%, within which recreation in the country was 4.9% more expensive.