Feb 11 (Reuters) - Hungarian Headline Inflation Hucpiy=ECI Rose to an Annual 5.5% in January From 4.6% in December, Above Analysts' Expectations for a 4.8% Increase, the Central Statistics Office (Ksh) Said on Tuesday.
Core Inflation Hucpic=ECI Rose to 5.8% in January From 4.7% in December, Exceeding a 4.9% Forecast in a Reuters Survey. Prices Increased by 1.5% From the Previous Month, the Ksh Said.
Average Inflation for 2024 Was 3.7%.
As of April 2021, the Ksh No Longer Includes Alcohol and Tobacco Prices in Its Core Inflation Figure. the National Bank of Hungary Targets 3% Headline Inflation With a Tolerance Band of a Percentage Point on Either Side.
Food Prices Rose 6.0% Year-on-Year, While Household Energy Prices Increased 0.2%. Prices of Consumer Durables Increased 0.8%, With Prices of New Cars Jumping 6.6%. Service Prices Rose by 8.5% in Annual Terms.
Inflation (% Change) | Jan 2025 | Dec 2024 | Jan 2024 |
Headline CPI M/M | +1.5 | +0.5 | +0.7 |
Headline CPI Y/Y | +5.5 | +4.6 | +3.8 |
Core CPI Y/Y | +5.8 | +4.7 | +6.1 |
(Reporting by Athina Karolidou and Julia Kotowska in Gdansk; Editing by Milla Nissi)
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