The price of tobacco and alcoholic beverages increased, pork prices declined further
In February, the consumer prices were on average 0.3 percent higher than a year before, and declined by 0.1 percent, compared to January – the Central Statistical Office (KSH) announced on Tuesday.
The price of alcoholic beverages, tobacco products increased with the highest degree, while fuel prices fell sharply last month.
Mináry Borbála, Head of department at the Central Statistical Office emphasized that the February consumer price index was mainly determined by the 3.7 percent decline in the price of fuels. The increases in the price of food were due to the seasonal food price increases – she added, indicating that the price of pork dropped by 1.2 percent the same time in a month, due to the effect of the VAT reduction. (MTI, Magyar Nemzet Online)
Related news
The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by…
Read more >Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live…
Read more >Potato export market revived
According to KSH data, the potato cultivation area and yield…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >