KSH prices increased by 3.8 percent in October
In October, consumer prices were on average 3.8 percent higher than the previous year’s 3.6 percent increase. Prices on average increased by 0.5 percent, compared to September – the Central Statistical Office (KSH) announced on Thursday.
The seasonally adjusted core inflation, as in the previous month, rose again by 0.2 percentage points to 2.6 percent.
Mináry Borbála, head of department at the Department of Economics, explained that the price of vehicle fuels and tobacco prices has increased significantly in the past year. The increase in the excise duty on tobacco products also appeared in the October data, he added. (MTI)
Related news
Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also…
Read more >Inflation can also be seen in popular fish dishes
As the summer season approaches, the prices of popular fish…
Read more >Food prices may increase due to global warming
Global warming and extreme weather conditions are putting increasing pressure…
Read more >Related news
In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also…
Read more >Sz. Variáns Kft. implements an exemplary sustainability program
The packaging technology family business in Debrecen, Sz. Variáns, considers…
Read more >