Hungarian inflation in June hit a new high for nearly 24 years

Xinhua News Agency, Budapest, July 8th (Reporter Chen Hao) Preliminary statistics released by the Central Statistics Bureau of Hungary on the 8th show that the June consumer price index (CPI) in Hungary increased by 11.7%from the same period last year, and the increase was since October 1998. Highest.

This increase is higher than 10.7%in May, and is much higher than the 3.0%goal set by the National Bank of Hungary.

Data show that in the past 12 months, the price of food and durable consumer goods has increased the largest. In June, food prices rose 22.1%year -on -year and 2.9%from May; the prices of durable consumer goods rose 12.4%year -on -year; vehicle fuel prices rose 11.2%year -on -year. In addition, the core inflation rate of energy and food prices in June was 13.8%, which was higher than 12.2%in May.

According to Hungarian media analysis, there are two main reasons for Hungary's high inflation rate: first, international factors such as Russia and Ukraine have pushed high energy and food prices; second, the government's preferential fiscal and taxation policies, such as raising minimum wages, reducing personal income tax and free personal income tax and exemption of personal income tax and exemption of personal income taxes and exemptions. The 13th month of pension, etc., promoted the rise in prices. In addition, the weakness of Hungarian Currency Fulin creation also affects prices.

In order to reduce the burden of inflation to the people, the Hungarian government implemented the restrictions on vehicle fuel price restrictions in November last year. In January this year, the price of 6 basic foods was stipulated. The price limit measures are extended, and the measures are currently valid until October 1.

According to the latest forecast of the National Bank of Hungary, Hungary's inflation rate will be between 11%and 12.6%this year.

[Editor in charge: Ma Junqing]

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