KSH Altering Core Inflation Calculation

2021. május 05.

Budapest Business Journal

Hungary's Central Statistics Office (KSH) yesterday said it will change the way it calculates core inflation, removing spirits and tobacco products from the index. The modification, taken in line with best practices in Europe, will reduce overlap between headline inflation and core inflation, which excludes volatile fuel and food prices, from 73% to 63%, KSH said.