Prices increase by 9.5% in April compared to same month of previous year
Consumer prices were 9.5% higher on average in April 2022 than a year earlier. The highest price rises over the last 12 months were measured for food and consumer durables. In one month, consumer prices increased by 1.6% on average.
In 12 months, compared to April 2021:
A price rise of 15.6% was recorded for food, within which 38.0% for margarine, 29.5% for both bread and poultry meat, 28.9% for cheese, 26.7% for eggs, 22.5% for milk products, 20.0% for rolls, 17.4% for seasonal food items (potatoes, fresh vegetables and fresh domestic and tropical fruits altogether), 3.6% for chocolate and cocoa and 3.4% for sugar. Alcoholic beverage and tobacco prices rose by 5.0% on average, within which alcoholic beverage prices by 6.7%. Consumers paid 11.1% more for consumer durables, within which 17.8% more for kitchen and other furniture, 17.3% more for living and dining room furniture, 14.7% more for second-hand passenger cars and 10.6% more for new passenger cars. The price of household repair and maintenance goods became 25.3%, pet food prices 19.8% and motor fuel prices 12.7% higher. Service charges were up by 6.3%, within which the repair and maintenance of dwellings cost 19.5% and the repair and maintenance of vehicles 14.6% more for consumers.
In one month, compared to March 2022:
Consumer prices increased by 1.6% on average. Food became 3.4% more expensive, within which aggregate group price increases were recorded for all product groups apart from the group of nuts and poppy seed: 14.7% for eggs, 9.8% for pork, 8.3% for poultry meat, 6.2% for other meat preparations, 5.9% for cheese, 4.3% for margarine and 3.6% for milk products. A price increase of 2.7% was measured for clothing and footwear and of 1.7% for consumer durables, within which latter kitchen and other furniture became 3.0%, living and dining room furniture 2.4%, new passenger cars 2.2% and second-hand passenger cars 1.5% more expensive. The price of household repair and maintenance goods rose by 5.0%. Consumers paid 0.7% more for services, within which 2.0% more for recreation in the country and 1.9% more for the repair and maintenance of dwellings.
In January–April 2022 compared to same period of previous year:
Consumer prices were up by 8.5% for all households on average and by 8.2% among pensioner households.
Consumer price indices, April 2022
(%)
| Denomination | Previous month = 100.0 | Corresponding month of previous year = 100.0 |
|---|---|---|
| Consumer price index | 101.6 | 109.5 |
| Harmonised index of consumer prices | 101.7 | 109.6 |
| Core inflation (original, seasonally unadjusted)a) | 101.8 | 110.3 |
| Consumer price index for pensioners | 101.7 | 109.3 |
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 of Summary tables (STADAT).