Prices increase by 5.1% in April compared to same month of previous year
Consumer prices were 5.1% higher on average in April 2021 than a year earlier. Significant price rises were measured over the last 12 months for alcoholic beverages and tobacco as well as motor fuels. In one month, consumer prices increased by 0.8% on average.
In 12 months, compared to April 2020:
Food prices were up by 2.4%, within which the price of edible oil by 22.8%, that of buffet products by 7.8%, rice prices by 7.7%, the price of margarine by 7.5%, that of flour by 7.4%, pasta product prices by 6.8% and the price of sugar and that of fruit and vegetable juices by 4.9% both. A price decrease of 6.9% was recorded for pork, of 1.6% for other meat preparations and of 1.2% for cheese. Alcoholic beverages and tobacco prices grew by 12.2% on average, within which tobacco prices – mainly due to an increase in the excise duty on this product group – by 20.1%. Consumers paid 3.4% more for consumer durables, within which new passenger cars cost 10.4% and kitchen and other furniture 5.5% more for consumers. Motor fuel prices became 39.2% higher.
In one month, compared to March 2021:
Consumer prices increased by 0.8% on average. Food became 1.1% more expensive, within which seasonal food items (potatoes, fresh vegetables and fresh domestic and tropical fruits altogether) cost 3.9%, pork 3.7%, buffet products 2.3%, pasta products 1.8%, poultry meat 1.6% and rice 1.2% more, while butter and butter cream 1.1% and milk 0.3% less for consumers. Consumers paid 3.0% more for clothing and footwear and 2.4% more for alcoholic beverages and tobacco. The excise duty on tobacco rose further on 1 April, which resulted in a 3.7% increase in the price of the product group. Motor fuel prices lessened by 1.2%.
In January–April 2021 compared to same period of previous year:
Consumer prices rose by 3.6% for all households on average and by 3.4% among pensioner households.
Consumer price indices, April 2021
(%)
| Denomination | Previous month = 100.0 | Corresponding month of previous year = 100.0 |
|---|---|---|
| Consumer price index | 100.8 | 105.1 |
| Harmonised index of consumer prices | 100.8 | 105.2 |
| Core inflation (original, seasonally unadjusted)a) | 100.7 | 103.1 |
| Consumer price index for pensioners | 100.7 | 104.3 |
a) The Hungarian Central Statistical Office applies a new methodology for the computation of core inflation from April 2021, the indicator no more includes changes in the price of alcoholic beverages and tobacco. The time series were revised back to January 1995. Seasonally adjusted indices are available in Table 1.2.1.7 in the Summary tables (STADAT).