Hungary’s CPI increases by 1.9% in June

Hungary’s consumer price index (CPI) was up by 1.9% on average in June, compared to the same month a year earlier, with the highest price rises measured for alcoholic beverages and tobacco, as well as foodstuffs, according to a first release of data published today by the Central Statistical Office (KSH).
In June, food prices rose by 3.1% on average. The highest price rise of 4.6% on average was recorded for alcoholic beverages and tobacco, while consumers paid on average 1.4% more for services, 0.9% more for other goods, 0.7% more for electricity, gas and other fuels, and 0.2% more for clothing and footwear. Consumer durables cost 0.4% less for consumers, according to KSH data.
In the January-June period, CPI went up by 2.3% on average, compared to the first half of 2016.
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