Hungary: Prices increased by 2.2% in May

  • Consumer prices were 2.2% higher on average in May 2020 than a year earlier, KSH data show.
  • Significant price increases were measured over the past year for food as well as alcoholic beverages and tobacco.

Compared to May 2019, food prices went up by 8.4%, within which the price of other meat preparations became 22.0%, pork prices 20.7%, the price of seasonal food items (potatoes, fresh vegetables and fruits) 19.1%, that of sugar 15.0% and salami, sausages and ham prices 12.6% higher.

The price of alcoholic beverages and tobacco rose by 6.7% on average, within which tobacco prices by 11.1%.

Consumers paid 2.6% more for services, within which the price of repairs and maintenance of dwellings increased by 11.7% and the price of repairs and maintenance of vehicles by 9.3%. Motor fuel prices were cut by 22.0%.

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