K&H: three thousand forints is not enough for two hamburgers today, two years ago it was three

By: Trademagazin Date: 2024. 04. 16. 12:20

“Child inflation” slowed further, but it is still 8 percent on an annual basis. The price of the product basket, compiled based on children’s consumption habits, increased by that much. In March of this year, the price of the products in the children’s shopping basket already exceeded HUF 40,000, K&H announced.

Inflation in Hungary remained subdued. According to KSH, the annual inflation index increased by 3.6 percent in March, after the 3.8 and 3.7 percent increases in February and January. At the beginning of last year, prices rose much faster: in January, February and March of 2023, the indicator looking back at the same period of the previous year was over 25 percent.

The “child inflation” regularly reported by K&H also shows a slowdown, although it is still twice the official inflation index. The products popular among the youngest and used by them – such as cocoa snails, fruit yogurt, hamburgers, liter orange juice, backpacks and eyeglass frames – are included in the children’s shopping basket. All the products in the basket cost HUF 40,435,000 in March, compared to HUF 37,432 a year earlier. In other words, there was an 8 percent price increase in one year.