Hungary CPI steady at 2.7 pc in January

Hungary's annualised consumer price index was 2.7 percent in January, unchanged for the third month in a row, the Central Statistical Office (KSH) said on Friday. Higher prices for spirts and tobacco -- lifted by compulsory excise tax increases -- continued to lift headline inflation. Prices in the category were up 9.9 percent in January, including a 16.5 percent jump in the price of tobacco products. Food prices increased by 3.9 percent, the slowest rate in more than two years.