Inflation advanced further as prices of food and non-alcoholic beverages increased 29.5%, while prices at restaurants and hotels rose 17.4% and cost for housing, water, electricity, gas and other fuels grew 14.8%.
Additionally, prices for furniture, household equipment, and routine household maintenance went up by 12.2% and transport cost added 11.9%.
Prices for clothing and footwear also rose, by 6.6%, while the same for healthcare and alcoholic beverages and tobacco were 7.5% and 6% more expensive, respectively.
On a monthly comparison basis, consumer prices grew by 1.4% in October, at the same pace as a month earlier.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
