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Hungary's inflation rate holds steady at 4.3% in August By Investing.com


Hungary's inflation rate holds steady at 4.3% in August By Investing.com

Investing.com -- Hungary's consumer prices remained unchanged in August compared to July, maintaining the 12-month headline inflation rate at 4.3%, according to data released Tuesday.

The inflation figure matched analyst expectations based on Bloomberg consensus estimates. Core inflation showed a slight improvement, easing to 3.9% year-on-year from 4% in July.

Looking at monthly price movements, food and household energy costs remained flat in August. Service prices increased by 0.5% month-on-month, while alcohol and tobacco prices rose by 0.6%.

Some categories saw price decreases, with vehicle fuel prices falling by 0.8% and clothing prices dropping by 1.7%, the latter decline attributed to seasonal factors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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