Articles by #hashtag


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Inflation is Up in Hungary

Apr 11, 2021

Consumer prices were 3.7% higher on average in March 2021 than a year earlier. Significant price rises were measured over the last 12 months for alcoholic beverages and tobacco as well as motor fuels. In one month, consumer prices increased by 0.7% on average. Compared to March 2020, food prices were up by 2.7%, within which the […]

Inflation Picks Up in Hungary

Mar 9, 2021

Consumer prices were 3.1% higher on average in February 2021 than a year earlier, Hungary's Central Statistical Office reports. Relatively significant price rises were measured over the last 12 months for alcoholic beverages and tobacco, and price rises slightly exceeding the average for food and consumer durables. In one month, consumer prices increased by 0.7% on average, […]

National Bank Inflation Data for November

Dec 9, 2020

In November 2020, annual inflation stood at 2.7% and core inflation at 3.9%. Core inflation adjusted for the effects of indirect taxes, was 3.3%. Inflation fell by 0.3 percentage points relative to the previous month, primarily reflecting a decline in fuel and regulated product prices. The National Bank of Hungary (MNB) says its measures of […]

Inflation Rate Continues to Grow in Hungary

Sep 24, 2020

Following an EU record 3.8% annual inflation rate in July, this figure rose to 3.9% year on year in August, primarily reflecting increases in the prices of fuel and industrial goods due in part to base effects. A report published this Friday by the National Bank of Hungary (MNB) is of the view that supply-demand […]

EU Record Inflation in Hungary

Aug 21, 2020

Hungarian inflation unexpectedly jumped to 3.8% percent in July. After that announcement last week by the country's Central Statistical Office said last week, it has now also become clear that nowhere in Europe such a rate of price rise has been measured, reports. The financial website notes that one-off effects also played a role […]

Food Prices Push Inflation Higher in October

Nov 8, 2019

Hungary’s consumer price inflation rose an annual 2.9% in October, fueled primarily by an above-average increase in food prices, according to data published by the Central Statistical Office. The annual inflation index was 2.8% in September. Core inflation, which excludes volatile food and energy prices, rose from 3.9% in the previous month to 4% in […]

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