Inflation rose to 15.6% in August

Change in consumer prices compared to the same month of the previous year

The rise in agricultural producer prices accelerated to 51% in July, mainly as the result of a substantial (82%) increase in cereal prices. Barley prices were 1.9 times, wheat prices 2.1 times and rye prices 2.2 times as high in the middle of the harvest as a year earlier

Change in prices compared to the same month of the previous year

Owing to the ripple effect of rising producer prices, food prices increased by 31% on average in August

Change in prices in food product chain compared to same month of previous year

The market price of petrol (HUF 643) will not change on 28 September; however, diesel oil will be HUF 6 more expensive (reaching HUF 736) following a 3-week decline, as the former will be HUF 163 and the latter HUF 256 more expensive than the administrative price

Average market price and administrative price of motor fuels in Hungary from 1 January 2022