Home Economy Hungary Inflation Steady At 3.9% In May

Hungary Inflation Steady At 3.9% In May

by RTTNews Staff Writer

Hungary’s headline inflation was unchanged in May, supported by strong increases in prices of food, beverages and services, preliminary data from the Hungarian Central Statistical Office showed on Friday.

The consumer price inflation was 3.9 percent in May, same as in April.

Food price growth climbed to 5.6 percent from 5.2 percent. Prices of alcoholic beverages and tobacco rose 8.6 percent year-on-year after an 8.5 percent increase in the previous month.

Services costs grew 3 percent for the third consecutive month.

On a month-on-month basis, the CPI rose 0.7 percent in May following a 0.9 percent increase in April.

The core CPI rose 4 percent annually and 0.4 percent from the previous month.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Source link

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy