KSH: prices grew by 3.4 percent in August
In August, consumer prices were 3.4 percent higher on average than a year before. Compared to July, consumer prices increased by 0.1 percent – according to the Central Statistical Office (KSH).
The August data is the same as in July. Higher price increase was last seen in January 2013, when the rate of inflation was 3.7 percent.
In the past year, similarly to previous months, the price of vehicle fuels and tobacco prices increased significantly by 16.3 percent for fuel and by 6.2 percent more for tobacco products in August than a year ago – said Mináry Borbála Head of Department of the Central Statistical Office (KSH) told. (MTI)
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >MNB: inflation will rise temporarily, but may remain within the three percent range in 2025
Inflation in Hungary will rise temporarily in the coming months,…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >