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Inflation In Hungary Hits 4.5% Year-On-Year In March |
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 "Inflation was 4.5% year-on-year in March, the Central Statistics Office announced Tuesday. Core inflation was 2.5% year-on-year, up from 1.9% a in February. Fuel prices rose 3.4% month-on-month and increased nearly 17% year-on-year.
Sugar cost almost 75% more in March than a month earlier, while flour prices rocketed by nearly 60%.Analysts asked by Napi Gazdaság had forecast 4.2% year-on-year average inflation for March, making the actual figure an unpleasant surprise. “The sharp spike in food prices was also experienced regarding processed food products, and this pushed up core inflation,” obeserved Takarékbank analyst Gergely Suppan." Source: Hungary Around the Clock This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.
14.04.2011
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