MNB: food and tobacco products increased inflation in September
Inflation increased by 0.2 percentage points in September, compared to the previous month. The growth was driven by rising food and tobacco prices – Várhegyi Judit, head of the Hungarian National Bank (MNB) – told M1 news channel.
Fuel prices increased by 15 percent, while food prices rose by 5 percent, while in case of other product groups a more moderate price change was experienced.
In the past months, the price of seasonal foods, fruits and vegetables increased by 4-5 percent. (MTI)
Related news
Annual inflation slowed in the euro area and the EU in May
Annual inflation slowed in both the eurozone and the European…
Read more >K&H: Hungarian economy could grow by 2.5-3 percent next year
Based on the current, uncertain outlook, after the 0.5 percent…
Read more >Consumer price growth in Spain slowed to a seven-month low in May
In Spain, annual consumer price inflation fell to 2.0 percent…
Read more >Related news
Restructuring in the hygiene paper category
Trends in the hygiene paper market reflect changing consumer expectations,…
Read more >European retailers object to Kellanova takeover by Mars
The European Commission is to conduct an antitrust investigation into…
Read more >AliExpress launches fulfillment in Europe
Chinese online marketplace AliExpress is launching Local+, a fulfillment solution…
Read more >