MNB: food prices also increased inflation
In October, the annual inflation rate was 0.5 percent higher, while core inflation was 0.2 percentage points higher than in the previous month.
The rise in inflation was because of the price cuts of the regulated products (heating and electricity) last year entered to the base of 2014, because, while the increase of core inflation was caused by the price increases of industrial goods and processed foods – the Hungarian National Bank (MNB).
stated by analyzing the October data of the Central Statistical Office on Tuesday (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
Promotions, prices, alternatives – promotions and Hungarian households
Tünde Turcsán, managing director of YouGov spoke about how Hungarian…
Read more >K&H: investors will receive a missing compass
The K&H Securities – Investor Sentiment Index has been launched,…
Read more >Garlic on European markets: Why a bountiful Chinese harvest doesn’t guarantee low prices?
Although China is set to record a bumper garlic harvest…
Read more >