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Hungary's Consumer Prices Up 3.7% In March

• 11 Apr 2019 7:18 AM
• Hungary Matters

Hungary’s consumer price index in March rose by an annual 3.7% compared with an increase of 3.1% in February, the Central Statistical Office (KSH) said.

Analysts had expected a slightly slower rate of 3.5% in March. Apart from last October’s annual rise of 3.8%, consumer prices have not grown to such an extent year on year since January 2013.

Core inflation, which strips out seasonally volatile products, increased by an annual 3.8% in March, after 3.5% in February and 3.2% in January.

KSH statistician Beáta Kollár noted that the last time core inflation had reached such heights was in December 2012, when it grew by 4.9%. In March 2018, core inflation grew an annual 2.5%.

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Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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