MNB: both inflation and core inflation were in the middle of the central bank’s March forecast band
Both inflation and core inflation were in the middle of the forecast range of the central bank’s March Inflation Report – stated the analysis of the Hungarian National Bank’s March inflation data.
In March 2024, the decline in inflation continued, consumer prices rose by 3.6 percent year-on-year. Core inflation and core inflation adjusted for indirect taxes both fell to 4.4 percent. Compared to February, the expected and core inflation of the entire consumer basket also rose by 0.8 percent, they wrote in the analysis.
The annual consumer price index decreased by 0.1 percentage points in March compared to the previous month. The slowing contribution of manufactured goods (-0.3 percentage points), food (-0.2 percentage points) and market services (-0.1 percentage points) was largely offset by fuels (+0.3 percentage points) and regulated price products and services (+0.2 percentage point) inflation-increasing effect.
Related news
Pensioners are in a difficult situation at the cash register
According to the latest data from the Central Statistical Office…
Read more >The core inflation rate calculated without food and energy prices did not change on a monthly basis in the USA
A várakozások alatt alakult júliusban a termelőiárak emelkedése mind havi,…
Read more >Annual inflation in Romania accelerated to 5.42 percent in July, food prices rose by 1.71 percent
Annual inflation in Romania rose to 5.42 percent in July…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >