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Inflation Rate in Hungary increased to 4.40 percent in May from 4.20 percent in April of 2025. This dataset provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2024, the average inflation rate in Hungary stood at approximately 3.71 percent. Between 1980 and 2024, the figure dropped by around 5.58 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.70 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.
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Core consumer prices in Hungary increased 4.80 percent in May of 2025 over the same month in the previous year. This dataset provides - Hungary Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Over the observed period the inflation rate in Hungary only reached negative values in 2014 and 2015. According to the Hungarian National Bank, in 2023, the country's inflation rate recorded a **** percent increase compared to the previous year. According to the findings of a survey conducted among the population in 2022, the majority of Hungarians expected the yearly inflation rate to reach six to eight percent. Fighting rising prices As of January 2022, the inflation rate for food totaled over ** percent in the country, making it the product group with the second-biggest price increase, right after motor fuels. In February 2022, Hungary’s prime minister, Viktor Orbán, introduced price caps on basic food products such as cooking oil, flour, sugar, milk, pork leg, and chicken breast as a means to fight peaking inflation rates. Hungarians’ purchasing power per capita As of 2022, the highest purchasing power per person was recorded in the country’s capital, Budapest, where residents had on average *** percent at their disposal to spend or put into savings. At the same time, Komárom-Esztergom was the second-wealthiest county in Hungary, with purchasing power per capita totaling *** percent.
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Historical chart and dataset showing Hungary inflation rate by year from 1973 to 2024.
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The Consumer Price Index in Hungary increased 0.20 percent in May of 2025 over the previous month. This dataset provides - Hungary Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Graph and download economic data for Inflation, consumer prices for Hungary (FPCPITOTLZGHUN) from 1973 to 2024 about Hungary, consumer, CPI, inflation, price index, indexes, and price.
The inflation rate for all items in Hungary reached 17.5 percent in July 2023. Hungary demonstrated the highest inflation rate among the European Union (EU) countries in June 2023.
As of May 2025, food prices had increased by 4.5 percent in Hungary over the same month in the previous year. During the observed period, food inflation rates peaked in December 2022 at nearly 48 percent, while the lowest inflation rate for food products was recorded in July 2016 at negative 0.9 percent. Accelerating inflation rates Besides food prices increasing throughout 2023, the overall inflation also accelerated in the country. By 2023, inflation rates were over 17 percent, which was the highest annual figure documented in the past decade. In comparison, the lowest inflation rate was recorded in 2014 at negative 1.2 percent. Food inflation in CEE As soaring inflation rates became a common phenomenon over the past years, Hungary wasn’t the only Central and Eastern European country experiencing a dramatic food price increase in recent years. In Czechia, food inflation peaked in November 2022 at 26 percent, while it reached over 35 percent in Lithuania at the same time.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Hungary was 4.46 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 4.2 percent. Compared to a year ago, we see an increase from the...
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Cost of food in Hungary increased 4.50 percent in May of 2025 over the same month in the previous year. This dataset provides - Hungary Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Harmonisierte Inflationsrate gegenüber dem Vorjahr in Ungarn stieg im Mai von 4,20 Prozent im April 2025 auf 4,50 Prozent. Diese Seite enthält eine Tabelle mit historischen Daten zur harmonisierten Inflationsrate im Jahresvergleich für Ungarn.
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Inflation, monthly percent change in the CPI in Hungary, May, 2025 The most recent value is 0.23 percent as of May 2025, an increase compared to the previous value of 0.12 percent. Historically, the average for Hungary from February 1996 to May 2025 is 0.51 percent. The minimum of -0.76 percent was recorded in November 2013, while the maximum of 3.78 percent was reached in January 1997. | TheGlobalEconomy.com
Energy commodity price inflation in Hungary increased significantly in 2022. Gas price inflation recorded the highest increase, reaching 120 percent in October 2022. Energy commodity prices have increased in light of the Russia-Ukraine war and an ongoing fuel supply shortage. However, since July 2023, energy commodity price inflation has shown a decline in the country.
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Hungary Core Inflation: Same Mth PY=100: sa data was reported at 105.693 Same Mth PY=100 in Mar 2025. This records a decrease from the previous number of 106.232 Same Mth PY=100 for Feb 2025. Hungary Core Inflation: Same Mth PY=100: sa data is updated monthly, averaging 103.965 Same Mth PY=100 from Jan 1996 (Median) to Mar 2025, with 351 observations. The data reached an all-time high of 126.260 Same Mth PY=100 in Jan 1996 and a record low of 100.361 Same Mth PY=100 in Apr 2006. Hungary Core Inflation: Same Mth PY=100: sa data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.I013: Core Inflation: Same Month Previous Year=100.
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Inflation, consumer prices (annual %) in Hungary was reported at 3.7037 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Hungary - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Hungary HU: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 3.666 % in 2017. This records an increase from the previous number of 0.959 % for 2016. Hungary HU: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 5.202 % from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 26.733 % in 1995 and a record low of 0.959 % in 2016. Hungary HU: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hungary – Table HU.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;
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Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Hungary (CPGRLE01HUM657N) from Feb 1990 to Nov 2023 about Hungary, core, all items, CPI, inflation, price index, indexes, and price.
5.1 (%) in 2021. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Hungary (CPGRLE01HUQ657N) from Q2 1990 to Q3 2023 about Hungary, core, all items, CPI, inflation, price index, indexes, and price.
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Inflation Rate in Hungary increased to 4.40 percent in May from 4.20 percent in April of 2025. This dataset provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.