How Did the Hungarian Price Increase Develop? Here Is the Latest Data
6 Articles
6 Articles
Consumer prices rose by 1.3 percent in August compared to the level a year earlier, according to data released by the Central Statistical Office (KSH) on Tuesday morning. Analysts had previously expected a slightly higher rate of inflation. The underlying inflation trends remain very subdued, and this may even affect the MNB's interest rate decisions in the fall.
In August 2026, consumer prices were 1.3 percent higher on average than a year earlier. The Central Statistical Office measured a price increase of 0.2 percent compared to July.
The latest inflation data is here, there was a surprising turn in prices - Some shopping has become cheaper.
Analysts have been consistently overestimating inflation in Hungary, and this time August was no exception: according to the latest data from the Central Statistical Office, consumer prices rose by an average of 1.3 percent on an annual basis, while by 0.2 percent on a monthly basis. Both figures were better than analysts' expectations. This means that inflation in Hungary is close to a ten-year low for the second consecutive month. Despite this…
Consumer prices in August were up 1.3 percent on average compared to the same month last year, the Central Statistical Office (KSH) announced. In July, the rate of inflation was 1.2 percent, which was a nearly 10-year low at the time.
Consumer prices in August were up 1.3 percent on average compared to the same month last year, the Central Statistical Office (KSH) announced. In July, the rate of inflation was 1.2 percent, which was a nearly 10-year low at the time.
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