Wednesday, April 11, 2007

Hungarian Inflation Rate Rose to Near Six-Year High in March on Fuel Costs

(Bloomberg) -- Hungary's inflation rate rose to the highest in almost six years in March as prices of regulated items rose, including fuels, electric power and health care.

The annual rate reached 9 percent, the highest since July 2001, compared with 8.8 percent in February. The result matched the median forecast of 13 economists in a Bloomberg survey. Prices rose 0.8 percent from February, while core inflation was 0.4 percent for the month and 6 percent for the year.


Read more at Bloomberg

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