Hungary’s CPI grows 1% in October
pixabay
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.
ADVERTISEMENT
SMEs More Pessimistic
India's G20 Presidency, Dawn of New Multilateralism - Narend...
Production Resumes at Ganz's Szolnok Plant
TikTok Commits to Improved Consumer Communication in Hungary
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.
