Trademagazin > News and articles > Market News > The population’s sense of inflation is decreasing, but still very high
The population’s sense of inflation is decreasing, but still very high
🎧 Hallgasd a cikket:
According to the official inflation data, consumer prices rose by 12.2% in September compared to the same period of the previous year.
Compared to this, according to a representative survey conducted by GKI among a thousand households, the population perceived a price increase of 32.8%. It is true that the latter data is not based on facts (e.g. price prescription, questionnaire, etc.), but on perception (in which one’s own experiences can be strongly distorted by information received through various formal and informal channels). Although perceived and official inflation move together in the trend, the measurements of the last few years show that the gap between perceived and official data widens simultaneously with the rise of the official consumer price index. In 2020, when the Maastricht convergence criterion for inflation was fulfilled, the monthly average was 12.3 percentage points higher than the official inflation as perceived by the population. In 2021, this difference rose to an average of 14.4, 17.1 in 2022, and 19.5 percentage points in the first nine months of 2023.
Related news
KSH: industrial production decreased by 1.0 percent compared to the same period of the previous year, expanded by 2.0 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >MNB: the fight against inflation is not over yet
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The European Commission has proposed the adoption of trade agreements with Mercosur countries and Mexico
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
More related news >
Related news
The deer-rooing season has begun in Hungarian forests
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The amount of domestic game meat sold and intended for own consumption in 2024/25 was 13 thousand tons
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Dr Zoltán Pogátsa on the Hungarian economy: neither the golden age, nor an apocalypse
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >