Hungary Inflation Rises To 1.6% In September
6 Articles
6 Articles
Hungary Inflation Rises To 1.6% In September
Hungary's consumer price inflation increased for the second straight month in September. Consumer prices climbed 1.6 percent year-on-year in September after rising 1.3 percent in August. Costs for services grew 4.9 percent from last year, and those for consumer durable goods increased 1.2 percent. On a monthly basis, consumer prices edged up 0.2 percent
According to recent data from the Central Statistical Office, consumer prices changed in September, with food becoming cheaper and fuel becoming more expensive.
In September this year, consumer prices were 1.6 percent higher on average than a year earlier, the Central Statistical Office (KSH) reported on Wednesday. Inflation is clearly past its low point, but is still rising slowly and is well below the MNB’s 3 percent target (but still falls short of the 2.5 percent target that will come into effect later). Pension inflation also started to rise slightly (from 0.9 percent to 1.1 percent), while the cor…
Consumer prices rose by 1.6 percent in a year and by 0.2 percent in a month in September, according to a flash report by the Central Statistical Office (KSH). Contrary to the general trend, food prices continued to decline.
Consumer prices rose less than expected in September. According to the latest information from the Central Statistical Office (KSH), inflation was 1.6 percent on an annual basis.
Food prices have continued to fall, while services have become significantly more expensive – the latest Central Statistical Office figures have been released.
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