Prices increase by 5.3% in June compared to the same month of the previous year
Consumer prices were 5.3% higher on average in June 2021 than a year earlier. Significant price rises were measured over the last 12 months for alcoholic beverages, tobacco and motor fuels. In one month, consumer prices increased on average by 0.6%.
In 12 months, compared to June 2020:
Food prices were up by 3.2%, within which the price of edible oil grew by 25.5%, that of margarine by 8.2%, the price of eggs by 7.8%, flour prices by 7.7%, the price of meals at canteens by 7.6%, restaurant meal prices by 6.1%, that of pork meat decreased by 5.6%. Alcoholic beverages and tobacco prices grew by 12.2% on average, within which tobacco prices by 19.7%. Consumers paid 3.7% more for consumer durables, within which new passenger cars cost 9.2% and living and dining room furniture 7.5% more for consumers. Motor fuel prices became 24.2% higher. Consumers paid 3.8% more for services, within which 10.1% more for repair and maintenance of dwellings and 7.3% more for recreational services.
In one month, compared to May 2021:
Consumer prices increased by 0.6% on average. Food prices were reduced by 0.1%, dominantly due to a 2.6% decrease in the price of seasonal food items (potatoes, fresh vegetables and fresh domestic and tropical fruits together) – calculated without this latter group, food prices went up by 0.3% on average. In this group, poultry meat cost 2.6%, meal at restaurants 1.3%, pork 1.1%, rolls 1.0%, flour and butter 0.9% more for consumers, while the prices of pasta products and coffee at shops decreased by 1.2%, other meat preparations by 0.7%. Household repairing and maintenance goods cost 2.3% more and motor fuels cost 0.3% less for consumers. Services became 2.0% more expensive, within which – as an effect of the abolition of free public parking – motorway toll and the charges for renting a car and parking became 33.9% and those for recreational services in the country 5.1% higher.
In January–June 2021 compared to same period of previous year:
Consumer prices rose by 4.2% for all households on average and by 3.8% among pensioner households.
Consumer price indices, June 2021
(%)
| Denomination | Previous month = 100.0 | Corresponding month of previous year = 100.0 |
|---|---|---|
| Consumer price index | 100.6 | 105.3 |
| Harmonised index of consumer prices | 100.4 | 105.3 |
| Core inflation (original, seasonally unadjusted)a) | 100.6 | 103.8 |
| Consumer price index for pensioners | 100.4 | 104.6 |
a) The Hungarian Central Statistical Office applies a new methodology for the computation of core inflation from April 2021, the indicator no more includes changes in the price of alcoholic beverages and tobacco. The time series were revised back to January 1995. Seasonally adjusted indices are available in Table 1.2.1.7 in the Summary tables (STADAT).