Inflation Declines To 39-Year Low In Hungary

  • 14 Nov 2013 10:30 AM
Inflation Declines To 39-Year Low In Hungary
Twelve-month inflation fell to a 39-year low of 0.9% in October, according to data from the Central Statistics Office. Inflation has not been so low since a 0.6% level was recorded in 1974 .

Analysts had generally expected a figure near 1.3%, following the 1.4% recorded in September.

Prices fell 0.3% from September to October, due to the sharper than forecast decrease in fuel prices.

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'.

  • How does this content make you feel?