FOREX TradingCharts.com

Financial News: Hungary Inflation Rises; Trade Balance Swing To Deficit

Hungary Inflation Rises; Trade Balance Swing To Deficit

09/08/2021 - 04:39:00 (RTTNews)

(RTTNews) - Hungary's consumer price inflation increased in August, data from the Hungarian Central Statistical Office showed on Wednesday.

Another report from the statistical office showed that the trade balance swung to a deficit in July due to a notable fall in exports.

The consumer price index rose 4.9 percent year-on-year in August, after a 4.6 percent increase in July. Economists expected the rate to rise 4.7 percent.

Price increases were measured for food, alcoholic beverages and tobacco as well as motor fuels, the agency said.

Price for food grew 3.7 percent annually in August. Prices of alcoholic beverages and tobacco, and services rose by 10.5 percent and 2.8 percent, respectively.

On a month-on-month basis, consumer prices increased 0.2 percent in August, after a 0.4 percent rise in the prior month.

Core consumer prices rose 3.6 percent annually in August and increased 0.3 percent from the previous month.

The EU measure of harmonized index of consumer prices, or HICP, rose 4.9 percent annually and gained 0.2 percent from the prior month.

The trade balance registered a deficit of EUR 193 million in August versus a EUR 186 million surplus last year.

Exports grew 10.0 percent year-on-year in July, after a 21.8 percent increase in June.

Imports increased 14.7 percent annually in July, after a 25.1 percent rise in the preceding month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Rebounds Less Than Expected In September (06 hr(s), 24 min(s), 32 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has seen a modest improvement in September after fallin ...Full Story»

UK Inflation Expectations Rise In August: BoE/Kantar Survey (08 hr(s), 23 min(s), 32 sec(s) ago)
(RTTNews) - Britons' inflation expectations for the coming year increased in August, the lates ...Full Story»

Eurozone Current Account Surplus Remains Unchanged (08 hr(s), 57 min(s), 32 sec(s) ago)
(RTTNews) - The euro area current account surplus remained unchanged in July, data published by th ...Full Story»

UK Retail Sales Decline For Fourth Straight Month (09 hr(s), 13 min(s), 32 sec(s) ago)
(RTTNews) - UK retail sales declined for the fourth straight month in August, the longest stretch ...Full Story»

Malta HICP Inflation Rises In August (09 hr(s), 25 min(s), 32 sec(s) ago)
(RTTNews) - Malta's harmonized annual inflation increased mrginally in August, data from the N ...Full Story»

Eurozone Inflation Accelerates As Estimated In August (09 hr(s), 58 min(s), 32 sec(s) ago)
(RTTNews) - Eurozone inflation accelerated as initially estimated in August to a near decade high, ...Full Story»

Eurozone Construction Output Grows In July (10 hr(s), 55 min(s), 32 sec(s) ago)
(RTTNews) - Eurozone's construction output grew for the first time in four months in July, dat ...Full Story»

Poland Average Gross Wages Rise More Than Expected (11 hr(s), 13 min(s), 32 sec(s) ago)
(RTTNews) - Poland's average gross wages increased more than expected in August, data from Sta ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds Less Than Expected In September

09/17/2021 - 10:14 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. has seen a modest improvement in September after fallin ...Full Story>>

UK Inflation Expectations Rise In August: BoE/Kantar Survey

09/17/2021 - 08:15 AM (RTTNews)
(RTTNews) - Britons' inflation expectations for the coming year increased in August, the lates ...Full Story>>

Eurozone Current Account Surplus Remains Unchanged

09/17/2021 - 07:41 AM (RTTNews)
(RTTNews) - The euro area current account surplus remained unchanged in July, data published by th ...Full Story>>

UK Retail Sales Decline For Fourth Straight Month

09/17/2021 - 07:25 AM (RTTNews)
(RTTNews) - UK retail sales declined for the fourth straight month in August, the longest stretch ...Full Story>>

Malta HICP Inflation Rises In August

09/17/2021 - 07:13 AM (RTTNews)
(RTTNews) - Malta's harmonized annual inflation increased mrginally in August, data from the N ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.