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Hungary Inflation 2.2% in May, says Central Statistical Office

MTI-Hungary Today 2020.06.09.

Hungary’s consumer price index increased by an annual 2.2 percent in May, the Central Statistical Office (KSH) said on Tuesday.

Inflation in the previous month was 2.4 percent.

Food prices grew by 8.4 percent and prices for spirits and tobacco increased by 6.7 percent.

Vehicle fuel prices, however, plunged by 22 percent in May.

Household energy prices edged up 0.3 percent, consumer durables by 0.8 percent, while the price of clothing fell by 1.1 percent. The price of services rose by 2.6 percent.

Featured photo illustration by Tibor Oláh/MTVA