Hungary reports second highest inflation rate in EU in July

Hungary reports second highest inflation rate in EU in July

Published at: 2019-08-22 10:17 | Author: CIJ Serbia
At 3.3 percent, Hungary had the second highest annual inflation rate in the EU in July, according to Eurostat. The annual inflation rate for the European Union in July was 1.4 percent, down from 1.6 percent the previous month. Last year, the EU’s annual rate was 2.2 percent. The lowest annual rates in July were reported in Portugal, Cyprus and Italy. The highest annual rates were in Romania (4.1 percent), Hungary (3.3 percent), Latvia (3 percent) and Slovakia (3 percent). The biggest contributors to the annual inflation rate included services, food, alcohol, tobacco, non-energy industrial goods and energy according Eurostat.

Similar Stories:

Hungarian National Bank extending systemic risk buffer
The National Bank of Hungary is extending a systemic risk buffer requirement that had been  »
EPP’s distributable income earnings up 9% in H1
EPP, Poland’s biggest retail landlord, reported a 9-percent increase in distributable in  »
Czech banking sector profits continue to grow
Czech banks made CZK 45.6bn in profits over the first half of 2019, CZK 1.7bn more than th  »
Two Sides to Mortgages with Negative Interest Rates
At the beginning of August, the announcement of the Danish Jyske Bank, which decided to of  »
Can you explain the issue of the so-called Greed Tax that was created by the Romanian gove   »
CIJ: Why is the financial crisis from the last decade still relevant today? The echoes ar   »
One of the long-standing paradoxes of Slovakia’s property market has long how difficult   »
The future is not out of our hands. Indeed, the main purpose of organised real estate is t   »