Hungary Consumer Price Index Slows To 3.3% In July

  • 9 Aug 2019 9:00 AM
  • Hungary Matters
Hungary Consumer Price Index Slows To 3.3% In July
Hungary’s annualised consumer price index stood at 3.3% in July, slowing from 3.4% in the previous month, the Central Statistical Office (KSH) said.

Headline inflation was lifted by an 8.5% increase in the price of spirits and tobacco products and a 6.0% rise in the price of food.

Consumer durable prices fell by 1.4%, clothing prices were up 1.9%, household energy prices increased by 1.1% and prices in the category of goods which includes vehicle fuel edged up 0.4%. Service prices climbed 2.8%.

Seasonally-adjusted core inflation, which excludes volatile fuel and food prices, was 3.7%, and inflation adjusted for goods and services used by pensioners was 3.5%. In a month-on-month comparison, consumer prices inched up 0.2% as the price of spirits and tobacco products rose by 1.4% and service prices increased by 0.5%.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this twice-daily newsletter covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI. Click the title above for more info, and to subscribe.