MNB: food prices have increased consumer prices
The rise in food prices increased inflation in February – the head of department of the National Bank of Hungary (MNB) confirmed it to M1 news channel on Monday.
Várhegyi Judit, the head of department of the National Bank of Hungary (MNB) said that the price of seasonal food has increased, but the price of dairy products has decreased.
Inflation has been around 3 percent since mid-2018. Since the introduction of the central bank’s inflation target, there has not been a period when inflation has been around the inflation goal for such a long time – she added. (MTI)
Related news
End of the century: drought drove up food prices in July
In July, annual inflation slowed to 4.3 percent, while on…
Read more >Chinese inflation surprises – consumer prices stagnate in July
Consumer prices in China remained flat in July, the country’s…
Read more >Annual inflation in Romania accelerated to 7.84 percent in July
In July, annual inflation in Romania accelerated to 7.84 percent,…
Read more >Related news
Ministry of Agriculture: Hungarian farmers can always count on the national government
Hungarian farmers are one of the government’s most important allies,…
Read more >Cow and goat cheeses recalled from trade due to microbiological contamination
Pasteurized cow and goat cheeses from France have been recalled…
Read more >Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >