Hungary Inflation 5.5% In September

  • 8 Oct 2021 5:34 PM
  • Hungary Matters
Hungary Inflation 5.5% In September
Hungarian inflation was an annual 5.5% in September, the Central Statistical Office (KSH) said on Friday.

CPI was driven by higher cigarette, spirits and vehicle fuel prices, with spirits and tobacco prices rising 11.2%, lifted by a 17.8% increase in tobacco prices.

Prices in the category of goods that includes vehicle fuel grew by 9.8%, as vehicle fuel prices jumped 21.6%.

Food prices were up by 4.4%, household energy prices edged 0.6% higher, consumer durable prices rose by 5.1% and clothing prices increased by 0.5%.

Service prices rose by 3.2%. Core inflation, which excludes volatile food and fuel prices, was an annual 4.0% in September.

CPI calculated with a basket of goods and services used by pensioners stood at 5.0%. In a month-on-month comparison, inflation was 0.2%.


MTI Photo: Attila Balázs

Related links

Rate-Setter Warns About Underestimating Risk of Persistent Rise in Inflation

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.