K&H: Children’s expenses are also rising
Due to the lingering inflation, schoolchildren’s everyday life is becoming more and more expensive, for example, a significant increase in the price of canteens can be observed. Children’s expenses are also increasing, so parents should expect to spend more pocket money this school year if they can afford it.
Inflation continues to rise in Hungary, the price index accelerated from 13.7 percent in July to 15.6 percent in August. The main role in the price increase is played by the ever-higher food prices, for which, according to official data, the annual price increase exceeded almost 31 percent in August, compared to, for example, the 27 percent increase in July and the 3.7 percent increase in August last year.
This places a serious burden on parents raising school-aged children, since, according to professional associations, prices in school canteens can be expected to rise due to the extraordinary increase in the price of food. It is conceivable that you will have to pay more for extra lessons and sports, as utility costs may rise here too, which may also be indirectly reflected in the parents.
Related news
Study became more important than career
The world has changed dramatically in the workplace. Today, not…
Read more >K&H: albeit with a delay, Hungarian companies follow global AI use trends
This article is available for reading in Trade magazin 2024/10…
Read more >Domestic carbon emissions are lower than in Western Europe
The first results of the K&H CO2 calculator for agriculture…
Read more >Related news
Autumn brought a more restrained result in tourism
Following the summer growth, September showed more modest numbers in…
Read more >Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Chocolate fever and spicy orders – this is how Hungarians celebrate Halloween
Special orders and new candy trends in Central Europe: intimate…
Read more >