MNB: Rising tobacco prices boosted core inflation last December

By: Trademagazin editor Date: 2021. 01. 15. 11:22

The contribution of demand-sensitive products and fuels to inflation rose in December last year, offset by a decline in the contribution of food to inflation, so that overall inflation remained unchanged from the previous month.

Core inflation rose by 0.1 percentage points, driven by higher prices for alcohol and tobacco products – the Magyar Nemzeti Bank (MNB) commented on the December inflation data on Thursday. (MTI)

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