Analysts: inflationary pressures are still present in the economy
The Central Statistical Office (KSH) announced on Tuesday that in July consumer prices were on average 4.6 percent higher than a year before, rising by an average of 0.5 percent in one month.
Virovácz Péter, a senior analyst at ING Bank, said that the slowdown in inflation in July was mainly due to base effects, the KSH continued to measure significant general price increases on a monthly basis; According to the expert, significant inflationary pressures can still be felt in the Hungarian economy. (MTI)
Related news
Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Inflation accelerated to 2 percent in the eurozone and 2.3 percent in the EU on an annual basi
Inflation in the euro area and the European Union accelerated…
Read more >K&H: Middle-aged people perceive inflation to be much more severe than the actual data shows
The inflation perception of middle-aged Hungarians continues to far exceed…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >