In Hungary prices increased by 2.4% in April

  • Consumer prices were 2.4% higher on average in April 2020 than a year earlier.
  • Significant price rises were measured over the past year for food as well as alcoholic beverages and tobacco.
  • Food prices increased at a higher rate than usual compared to March, which may have been caused by the effects of the corona virus epidemic.
  • Motor fuel prices went down markedly over a month as a result of significantly falling oil prices.

Compared to March 2019, food prices went up by 8.7%, within which pork prices became 28.9%, the price of other meat preparations 22.3%, that of seasonal food items (potatoes, fresh vegetables and fruits) 15.1%, sugar prices 14.1% and salami, sausages and ham prices 12.5% higher.

The price of alcoholic beverages and tobacco rose by 7.2% on average, within which tobacco prices by 11.1%. Consumers paid 3.0% more for services, within which the price of games of chance increased by 7.8% and rent by 5.6%. Motor fuel prices were cut by 22.7%.

In January–April 2020 compared to the same period of the previous year consumer prices went up by 3.9% on average.

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