Financial News: Hungary Inflation Rises To 4.4% In May

Hungary Inflation Rises To 4.4% In May

06/11/2025 - 03:28:00 (RTTNews)

(RTTNews) - Hungary's consumer price inflation increased somewhat in May after easing to a 5-month low in April, the Hungarian Central Statistical Office said on Wednesday.

Consumer prices rose 4.4 percent year-on-year in May, following a 4.2 percent increase in April. The expected inflation rate was 4.3 percent.

Moreover, the inflation rate continued to remain well above the central bank's target of 3.0 percent.

Meanwhile, core inflation also moderated to 4.8 percent from 5.0 percent a month ago.

The annual price growth in food products accelerated to 5.9 percent from 5.4 percent, and costs for fuel and power grew at a faster pace of 5.3 percent versus a 3.5 percent rise a month ago. Meanwhile, inflation based on services eased to 5.9 percent from 7.0 percent.

On a monthly comparison, consumer prices edged up 0.2 percent, the same as in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Consumer Confidence Unexpectedly Erodes In June (38 min(s), 33 sec(s) ago)
(RTTNews) - Euro area consumer sentiment deteriorated unexpectedly in June following a strong impr ...Full Story»

Croatia Jobless Rate Eases To 4.1% (04 min(s), 33 sec(s) ago)
(RTTNews) - Unemployment in Croatia dropped further in May amid increases in the labor force as we ...Full Story»

Philly Fed Index Unexpectedly Unchanged In June (01 min(s), 33 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Friday said regional ...Full Story»

French Manufacturing Sentiment Weakens In June (46 min(s), 33 sec(s) ago)
(RTTNews) - French manufacturing confidence weakened slightly in June, largely reflecting the dete ...Full Story»

UK Retail Sales Fall Most Since Late 2023; Consumer Confidence Improves (21 min(s), 33 sec(s) ago)
(RTTNews) - UK retail sales declined more than expected in May as food store sales declined sharpl ...Full Story»

Japan Core Inflation Accelerates More Than Forecast (42 min(s), 33 sec(s) ago)
(RTTNews) - Japan's core inflation accelerated more than expected to a more than two-year high ...Full Story»

UK Budget Deficit Widens In May (55 min(s), 27 sec(s) ago)
(RTTNews) - UK public sector net borrowing increased in May despite an increase in government rece ...Full Story»

German Producer Prices Fall Most In 8 Months (01 hr(s), 20 min(s), 27 sec(s) ago)
(RTTNews) - Germany's producer prices declined at the fastest pace in eight months in May, Des ...Full Story»