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Hungary’s CPI grows 1% in October

Figures

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Hungary’s consumer prices increased by 1% on average in October, compared to the same month of 2015, with the highest price hikes among the main groups of consumption measured for alcoholic beverages and tobacco, as well as for services, the Central Statistical Office (KSH) reported today in a first release of data.

In October, compared to the same month of 2015, consumers paid 0.4% more for food, 2% more for alcoholic beverages and tobacco, 1.6% more for services, and 1.5% more for other goods, KSH data show.

Prices of motor fuels increased by 1.6%, breaking a decreasing tendency of two years. Clothing and footwear prices went up by 0.5% on average, while consumers paid 0.5% less for consumer durables. Prices of electricity, gas and other fuels stayed unchanged, the KSH said. 

As compared to the previous month, consumer prices rose by 0.6% on average.

Over the January-October period, consumer prices rose by 0.2% on average, compared to the corresponding period a year earlier.

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