January 20, 2023

In Hungary, a price rise of 44.8% was recorded for food, within which the highest price increases for the following: 83.2% for cheese, 82.7% for eggs, 81.1% for bread, 79.4% for butter, 79.2% for milk products, 71.0% for other confectionary products, 70.8% for pasta products, 58.0% for margarine, 57.2% for rolls, 52.1% for milk and 51.5% for poultry meat. The lowest price rises within the product group were observed for flour (6.7%) and edible oil (1.5%). Electricity, gas and other fuels became 55.5% more expensive. Within this, natural and manufactured gas prices went up by 97.8%, the price of firewood by 58.6%, that of butane and propane gas by 48.7% and electricity prices by 27.8%. Consumers paid 13.6% more for consumer durables, within which 24.1% more for new passenger cars, 20.8% more for heating and cooking appliances, 20.3% more for kitchen and other furniture and 18.7% more for living and dining room furniture. Alcoholic beverage and tobacco prices rose by 13.4% on average, within which alcoholic beverage prices by 21.3%. Pet food prices became 48.8%, the price of detergents 34.2%, that of household repair and maintenance goods 30.8% and toilet article prices 28.5% higher. Consumers paid 27.0% more for motor fuels. Service charges were up by 9.5%, within which a taxi cost 30.0%, the repair and maintenance of dwellings 24.3%, the repair and maintenance of vehicles 22.6%, other public entertainment tickets 22.0%, recreation in the country 20.9% and personal care services 17.9% more for consumers.

In one month, compared to November 2022:

Consumer prices increased by 1.9% on average. Food became 2.1% more expensive, within which milk cost 7.2%, milk products and butter both 6.2%, cheese 4.9% and buffet products 4.0% more for consumers. There was a decrease of 7.9% in the price of eggs, entering the group of products covered by a regulated price cap, and of 1.6% in margarine prices. The price of electricity, gas and other fuels lessened by 6.0%, within which consumers paid 11.8% less for natural and manufactured gas. Detergents cost 2.5%, pet food 1.5% and household repair and maintenance goods 1.2% more for consumers. Motor fuels became 24.4% more expensive owing to the termination of the regulated price cap on this product group. Service prices increased by 0.8% on average, within which recreation in the country became 5.4%, other public entertainment tickets 2.2% and personal care services 1.0% more expensive.

In 2022 compared to previous year:

Consumer prices increased by 14.5% on average, within which the highest price rise of 26.0% was measured for food. A price rise of 21.7% was recorded for electricity, gas and other fuels, 12.2% for consumer durables, 12.0% for other goods, 9.9% for alcoholic beverages and tobacco, 7.1% for services and 5.5% for clothing and footwear. Consumer prices went up by 15.2% on average among pensioner households.


Source: Hungarian Central Statistic Office
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