KSH: prices grew by 3.4 percent in August
In August, consumer prices were 3.4 percent higher on average than a year before. Compared to July, consumer prices increased by 0.1 percent – according to the Central Statistical Office (KSH).
The August data is the same as in July. Higher price increase was last seen in January 2013, when the rate of inflation was 3.7 percent.
In the past year, similarly to previous months, the price of vehicle fuels and tobacco prices increased significantly by 16.3 percent for fuel and by 6.2 percent more for tobacco products in August than a year ago – said Mináry Borbála Head of Department of the Central Statistical Office (KSH) told. (MTI)
Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >The volume of beef imports increased by 24 percent
Based on KSH data, Hungary’s live cattle exports increased by…
Read more >Related news
GVH: The postponement of certain amendments to the Competition Act is justified
The Economic Competition Authority (GVH) agrees with the postponement of…
Read more >What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >