Hungary’s inflation rate was 2.7% in November, below the National Bank of Hungary’s 3% medium-term target, the Central Statistical Office (KSH) said on Tuesday.
Upside pressure on inflation came from food, spirts and tobacco products, while vehicle fuel prices fell due to the effects of the coronavirus crisis.
Food prices grew by 6.2% and the price of spirits and tobacco products rose by 6.6%. Prices in the category of goods which includes vehicle fuel fell by 1.7% as vehicle fuel prices dropped by 7.6%.
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