Consumer prices up 3.4 percent in July
In July 2018 consumer prices were 3.4 percent higher on average than a year before. In comparison with July 2017, food prices increased by 3.6 percent. Egg’s price rose by 7 percent and butter/dairy spread’s price grew by 9.7 percent. Dairy product prices augmented by 7.2 percent, but the price of sugar dropped 23.5 percent.
Motor fuels turned 17.8 percent more expensive. Alcoholic drink and tobacco product prices grew by 5.3 percent. Services were provided for 1.6 percent more. The price of household energy became 1.5 percent higher. Compared with June 2018, consumer prices elevated by 0.3 percent and food prices fell 0.1 percent. In January-July 2018 consumer prices increased by 2.5 percent. //
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
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Nestlé Szerencs factory expands with new solar park
The 1.5 GW annual capacity solar park will come into…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >