Hungarian Inflation Rate Rises More Than Expected
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Hungary’s annual inflation rate advanced more than economists forecast in October driven by rising food prices, which analysts said will remain a risk to drive price increases.
Inflation accelerated to 4.2 percent from 3.8 percent in September, the statistics office in Budapest said today. The median estimate of 10 economists in a Bloomberg survey was 4 percent. Prices rose 0.4 percent from September, the first increase in three months.