Twelve-month price increase above 5 percent
In May, the monthly average retail price increase was 0.9 percent. Compared to last May, prices increased by 5.1 percent – reports the Central Statistical Office (KSH).
In the first five months of the year, the average price increase was 5.8 percent, compared to the same period of last year. In 1 month compared to April 2010, the food prices increased by 1.1 percent. This growth above average is the result of the 7.6 percent increase in the price of the season priced foodstuffs – otherwise the price of food has not changed since the previous month.
Related news
Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >