The consumer price index (CPI) rose 2.4% year-on-year in December, after a 3.0% increase in November. In the initial estimate, prices rose 2.3%.
Prices for health grew 5.1% yearly in December and those of housing, water, electricity, gas and other fuels gained by 7.5%. Prices for education rose by 5.7%. Meanwhile, prices of clothing and footwear, and transport declined by 4.1% and 5.7%, respectively.
On a month-on-month basis, consumer prices rose 0.1% in December, same as seen in the preceding month, as initially estimated.
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.
