Food inflation in the euro area slowed down in January
In January, according to the preliminary data of Eurostat, the statistical office of the EU, inflation in the euro area decreased to 2.8 percent from 2.9 percent in December.
Compared to the previous month, consumer prices decreased by 0.4 percent in January. In December, the monthly increase was still 0.2 percent.
Core inflation, excluding energy and food prices, moderated in January as well: it slowed to 3.3 percent on an annual basis after the 3.4 percent annual increase in December. Compared to the previous month, consumer prices fell by 0.9 percent excluding energy and food.
Related news
Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on…
Read more >
K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >
The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro…
Read more >
Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on…
Read more >
K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >
