2013.02.16. 22:18
Hungary CPI slows to 3.7pc in Jan as tax hikes leave base - KSH
Budapest, February 14 (MTI) - Consumer prices in Hungary rose 3.7 percent year-on-year in January, slowing from a 5.0 percent increase in the previous month as tax hikes left the base period, the Central Statistical Office (KSH) said on Thursday.
Budapest, February 14 (MTI) - Consumer prices in Hungary rose 3.7 percent year-on-year in January, slowing from a 5.0 percent increase in the previous month as tax hikes left the base period, the Central Statistical Office (KSH) said on Thursday.
The main VAT rate in Hungary rose from 25 percent to 27 percent in January 2012.
A breakdown of the data shows food prices rose 5.8 percent year-on-year in January. Alcohol and tobacco prices jumped 13.1 percent on excise tax increases, but consumer durable prices fell 2.1 percent. Household energy prices were up 2.4 percent and service prices climbed 3.1 percent under the headline figure. Prices in the category that includes vehicle fuels edged up 1.3 percent.
