MNB: prices in January increased mainly due to higher food prices

By: Trademagazin editor Date: 2022. 02. 11. 11:25

Inflation rose by 0.5 percentage point month-on-month in January, mainly due to an increase in the price index for food, and to a lesser extent for industrial goods and market services.

MNB: mainly rising food prices have fueled inflation

Core inflation rose by 1.0 percentage point, as the Magyar Nemzeti Bank (MNB) said in its comments on the January inflation data, all three product groups – processed food, manufactured goods and services – contributed to the acceleration. (MTI)