KSH: Consumer prices up 0.5% in November, year-on-year

Monthly consumer price indices in Hungary. Corresponding period of previous year = 100. (Source: Central Statistical Office)

Data by KSH shows that food prices saw year-on-year a rise of 2%, and within this, the prices of seasonal food items – potatoes, fresh vegetables and fruits – were up by 21.4%, edible oil prices by 12.9%, sugar prices by 4.3% and egg prices by 2.6%, while the price of milk was cut by 9.5% and cheese prices by 7.5%.

The prices of alcoholic beverages and tobacco went up by 3.7%, those of consumer durables by 2.0%, service prices by 1.4% and clothing and footwear prices by 0.4% on average, in year-on-year terms in November, KSH said.

The prices of electricity, gas and other fuels were cut by 0.3% on average, and within this, the price of butane and propane gas dropped by 12.8%, KSH said, adding that consumers paid 4.5% less for other goods (including pharmaceutical products, motor fuels, household products and recreational goods) and, within this, 12.6% less for motor gas types.

In a month-on-month comparison, CPI was unchanged on average, KSH reported. Food prices rose by 0.1%, while clothing and footwear prices increased at the highest rate (0.7%). KSH said, adding that the prices of consumer durables were up by 0.3% and those of alcoholic beverages and tobacco as well as electricity, gas and other fuels by 0.1%.

The prices of services were reduced by a month-on-month 0.2%, within which those of recreational services by 3.3%, while the prices of other goods were unchanged on average, within which group those of motor fuels decreased by 0.2%, KSH said.