KSH: changes in the calculation of core inflation
Taking into account European best practices, the Central Statistical Office (KSH) will change the range of products and services used to calculate core inflation from April: in the future, changes in the prices of alcoholic beverages and tobacco will no longer be taken into account to determine the indicator, MTI informed MTI on Tuesday.
Following the change, core inflation will cover 63 percent of the total consumer price index instead of the previous 73 percent.
In recent years, the prices of alcoholic beverages and tobacco products have been significantly affected by the regular, several-year changes in the excise tax rate required by EU legislation, so the KSH decided to change the calculation of the core inflation rate based on the practice of European institutions – according to the announcement of Quittner Péter, the head of the Consumer Prices Department of KSH. (MTI)
Related news
Beef exports rebound
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The EU is a net exporter of eggs and egg products
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Onions have become significantly more expensive
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >How do we get started if we are not yet present in online commerce?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

