The must-have newsletter about Hungary



Consumer prices in Hungary rose by an annual 22.5% in November, accelerating from a 21.1% increase in the previous month on higher household energy and food prices, the Central Statistical Office (KSH) said on Thursday. Food prices rose by 43.8% as the price of bread jumped by 81.8%, egg prices by 102.9% and dairy products by 79.0%. The government earlier rolled back prices for a number of staples, including pork, cooking oil and flour, in an effort to dampen inflation. Household energy prices increased by 65.9%, lifted by new consumption restrictions for regulated utilities prices in force from Aug 1. Gas prices rose by 124.3% and electricity prices by 28.3%. Consumer durable prices increased by 14.4%. Prices of spirits and tobacco products increased by 13.8%. Month on month, CPI was 1.8%.