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Consumer Prices Rise by 2.7 pc in December

MTI-Hungary Today 2019.01.15.

Consumer prices in Hungary rose by 2.7 percent year-on-year in December, continuing to slow after an acceleration that lasted for much of the year.

Headline CPI slowed from 3.1 percent in November, 3.8 percent in October and 3.6 percent in September, all over the National Bank of Hungary’s 3.0 percent mid-term target for “price stability”.

Average annual inflation reached 2.8 percent for 2018.