MNB: food prices have increased consumer prices
The rise in food prices increased inflation in February – the head of department of the National Bank of Hungary (MNB) confirmed it to M1 news channel on Monday.
Várhegyi Judit, the head of department of the National Bank of Hungary (MNB) said that the price of seasonal food has increased, but the price of dairy products has decreased.
Inflation has been around 3 percent since mid-2018. Since the introduction of the central bank’s inflation target, there has not been a period when inflation has been around the inflation goal for such a long time – she added. (MTI)
Related news
Food prices may increase due to global warming
Global warming and extreme weather conditions are putting increasing pressure…
Read more >K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >