Hungary's consumer price inflation moderated for the first time in three months in May, the Hungarian Central Statistical Office said on Tuesday.
Consumer prices climbed 1.8 percent year-on-year in May, slower than the 2.1 percent rise in April. The expected inflation rate was 2.3 percent.
Food inflation softened to 0.5 percent from 1.5 percent. Costs for consumer durable goods grew at a slower rate of 2.4 percent versus 2.7 percent in April, while services inflation rose to 4.3 percent from 4.0 percent. Data showed that fuel and power costs continued to fall by 2.0 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.