Hungary: Inflation Remains on a High Level

BusinessEconomy ♦ Published: November 13, 2012; 19:13 ♦ (Vindobona)

In October consumer prices increased by 6.0% compared to October 2011. From September to October 2012, prices were up by 0.1%

Hungary: Inflation Remains on a High Level / Picture: © Vindobona.org

In October 2012 compared to October 2011 food prices grew by 7.6% at a rate higher than the average. In this category a substantial price increase was observed in case of egg (33.5%), pork fat (20.5%), seasonal food items (19.3%), pork (15.7%) and chocolate, cocoa (12.9%). The price rise of alcoholic beverages and tobacco was higher than the average (15.4%). The price…