Above-average food price increase in May
According to data from the Central Statistical Office (KSH), in May 2017 consumer prices were 2.1 percent higher on average than a year before. In comparison with May 2016, food prices increased by 2.7 percent. Sugar prices soared by 12 percent and pork’s price rose 14.8 percent. Cheese prices augmented by 7.3 percent and bread cost 4.5 percent more. Poultry became 15.7 percent cheaper.
Motor fuels turned 4.7 percent more expensive. Alcoholic drink and tobacco product prices grew by 3.9 percent. Services were provided for 1.5 percent more. The price of household energy got 0.7 percent higher. Compared with April 2017, consumer prices elevated by 0.2 percent and food prices jumped 1 percent. //
Related news
Surge in egg and horseradish prices before Easter
According to AKI PÁIR data, the price of table eggs…
Read more >The gap is getting wider: the purchasing value of pensions is deteriorating dramatically
The purchasing power of pensions compared to salaries will suffer…
Read more >KSH: industrial production fell by 8.7 percent in February
In February 2025, the volume of industrial production fell by…
Read more >Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >