December 2024 inflation: How did prices and pensions develop?
Inflation accelerated again in the last month of 2024, reflected in the average consumer price and purchase quantities of many products. The 4.6% consumer price index in December and the 5.4% increase in food prices were the highest values of 2024. These figures highlight the significant impact of the monetary deterioration on living standards, especially for pensioners.
Inflation and the situation of pensioners
Pensioners were particularly affected by the price increase. The inflation index for pensioners rose to 4.5% from 3.7% in November, which was the highest value of the year. This trend was observed across all population groups:
Low-income households: 3.7% → 4.4%
Middle-income households: 3.6% → 4.5%
Households with three or more children: 3.8% → 4.7%
High-income households: 4.2% → 5.0%
Related news
Food inflation accelerated in Germany in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Export champion with innovation in the sugar market curve – Budapest industry roundtable on the competitiveness of confectionery manufacturers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Inflation: stagnation instead of expected increase – 4.3% annual rate, 3.9% core inflation
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Industrial production is still declining in Hungary, but is already increasing in the EU
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Cautious optimism among Hungarian SMEs – the third quarter report of the VOSZ Barometer 2025 has been published
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Food inflation accelerated in Germany in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >