MNB: food caused the acceleration of inflation in October
In October, the annual inflation rose by 1.0 percentage points compared to the previous month to 21.1 percent, which was mainly caused by the acceleration of food inflation.

Food prices are fueling the inflation
Food contributed 1.2 percentage points to the increase in annual inflation, while the contribution of fuels was negative, due to the base effect, at -0.5 percentage points, the Hungarian National Bank (MNB) stated on Wednesday in its commentary on the latest statistical data.
Compared to the previous month, core inflation increased by 1.6 percentage points. Two-thirds of the increase in core inflation, 1.1 percentage points, was brought about by processed foods.
The monthly price change of the basket calculated without fuel and regulated prices was 2.4 percent, the monthly value of the core inflation calculated without processed food, which better reflects market processes, was 1.6 percent, which is higher than the 1.1 percent revaluation in September, but not reaches the average of the summer months – announced the MNB.
MNB
Related news
KSH: the foreign trade surplus in goods was 589 million euros in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Conference Board: US consumer sentiment worsened in October
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >AI is spreading rapidly in the service sector, while adoption in other sectors is only sluggish
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Hungarians say food waste is as big a problem as climate change
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The success of Hungarian products in PENNY remains unbroken
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >ALDI entertains you with a scary short film this Halloween
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
 
                     
                     
                     
					 
					 
					
