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Inflation Hits 3.7% In March

• 10 Apr 2021 5:04 AM
• Hungary Matters

Consumer price inflation averaged an annual 3.7% in March, the Central Statistical Office (KSH) said. Analysts forecast a rise of 3.8%.

CPI rose by 0.7% month on month.

Spirits, tobacco products and fuels were the main drivers of inflation. Vehicle fuel prices were 6.6% higher than in February and up 17.7% since March last year.

Tobacco prices rose 17.5% in a year and 2.1% in a single month.

Consumer durables were up an annual 3.6%, with car prices 11.4% higher.

Services prices accelerated from 3.1% in February to 3.7%.

Click here to read the full report on KSH's website

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