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Hungary's inflation eases in August

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Christian Fernsby ▼ | September 11, 2019
Hungary's consumer price inflation eased for the third straight month in August, the Hungarian Central Statistical Office reported.
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Inflation slowed to 3.1 percent in August from 3.3 percent in July. A similar lower rate was last posted in February. Economists had forecast the rate to ease to 3.2 percent.

Topics: Hungary inflation

Food prices advanced 5.6 percent and alcoholic beverages and tobacco prices climbed 8.8 percent. Consumers paid 2.8 percent more for services.

On a monthly basis, consumer prices dropped 0.1 percent, reversing a 0.2 percent rise in July.

Core consumer prices rose 0.2 percent on month and increased 3.7 percent annually in August.


 

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