5 Articles
5 Articles
According to data from the Hungarian Central Statistical Office (KSH), prices increased by 0.2 percent compared to the previous month, with fuel prices increasing by 0.6 percent.
Inflation was 1.3 percent in the previous month, while food prices fell 1.4 percent on an annual basis.
A decline in food prices not seen in decades helped, while services increased inflation in August. Overall, it accelerated slightly on an annual basis, to 1.3 percent. On a monthly basis, the Central Statistical Office (KSH) measured a 0.2 percent increase after a 0.1 percent decrease.
Inflation has fallen to a record low not seen in nearly ten years, and the latest data from the Central Statistical Office (KSH) has now arrived. According to the August report, food prices have fallen dramatically, with shopping in stores becoming cheaper by an average of nearly 1.5 percent compared to the same period last year. The service sector continues to drive the composite indicators upwards.
Inflation has accelerated minimally, but is still very low. Food prices have fallen to historic levels, most notably services have become more expensive.
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