MNB: In May, food and energy prices mainly caused the increase in inflation

In May, mainly the volatile, food-and-energy prices had an impact on price increases – May inflation figures were evaluated on Thursday by the National Bank of Hungary (MNB).

According to the Central Statistical Office (KSH), consumer prices in May were on average 2.1 percent higher than in the previous year, and by 0.2 percent higher, compared to April. In January-May consumer prices increased by 2.4 percent on average. Seasonally adjusted annual core inflation was 2.1 percent in May after the 1.9 percent of April. (MTI)