Latest Inflation in Hungary Edges Up to Over 25%

  • 9 Mar 2023 6:01 AM
  • Hungary Matters
Latest Inflation in Hungary Edges Up to Over 25%
Consumer prices were up by an annual 25.4% in February, driven mostly by household energy and food prices, the Central Statistical Office (KSH) said.

Month on month, prices edged up by 0.8%.

Food became 1.7% more expensive, within which seasonal food items (potatoes, fresh vegetables and fresh domestic and tropical fruits) cost 6.4%, coffee 6.1%, fruit and vegetable juices 3.0%, non-alcoholic beverages 2.9%, meals at canteens 2.2%, meals at restaurants 1.9%, bread 1.3% and chocolate and cocoa 1.2% more for consumers.

Margarine became 2.2%, pork 0.6% and poultry meat 0.5% cheaper. The price of electricity, gas and other fuels was cut by 2.0%, within which consumers paid 5.4% less for natural and manufactured gas.

 Motor fuel prices lessened by 3.6%. Pet food cost 7.0%, flowers and ornamental plants 4.9% and bed and table linen 3.0% more for consumers. 

Service prices increased by 1.0% on average, within which the repair and maintenance of vehicles became 2.5%, other public entertainment tickets 2.3%, recreation in the country 1.9% and personal care services 1.6% more expensive.

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