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Inflation Rate in Hungary increased to 4.60 percent in June from 4.40 percent in May of 2025. This dataset provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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.
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 4.40 percent in June 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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Cost of food in Hungary increased 4.90 percent in June 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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This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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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Hungary MNB Forecast: Core Inflation: YoY: excl Indirect Taxes data was reported at 2.947 % in 2020. This records an increase from the previous number of 2.946 % for 2019. Hungary MNB Forecast: Core Inflation: YoY: excl Indirect Taxes data is updated yearly, averaging 2.257 % from Dec 2015 (Median) to 2020, with 6 observations. The data reached an all-time high of 2.947 % in 2020 and a record low of 1.137 % in 2015. Hungary MNB Forecast: Core Inflation: YoY: excl Indirect Taxes data remains active status in CEIC and is reported by National Bank of Hungary. The data is categorized under Global Database’s Hungary – Table HU.I014: Core Inflation: Year on Year Growth: Forecast: National Bank of Hungary.
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Hungary MNB Forecast: Core Inflation: YoY data was reported at 3.000 % in 2021. This records a decrease from the previous number of 3.241 % for 2020. Hungary MNB Forecast: Core Inflation: YoY data is updated yearly, averaging 2.410 % from Dec 2015 (Median) to 2021, with 7 observations. The data reached an all-time high of 3.266 % in 2019 and a record low of 1.214 % in 2015. Hungary MNB Forecast: Core Inflation: YoY data remains active status in CEIC and is reported by National Bank of Hungary. The data is categorized under Global Database’s Hungary – Table HU.I014: Core Inflation: Year on Year Growth: Forecast: National Bank of Hungary.
The harmonized index of consumer prices (HICP) in the health sector in Hungary reached its maximum in July 2023, having surpassed 149 points. HICP for all items in Hungary was measured at over 161 index points.
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Inflation Rate in Czech Republic increased to 2.90 percent in June from 2.40 percent in May of 2025. This dataset provides - Czech Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Consumer Price Index CPI in Hungary increased to 2073.80 points in June from 2070.80 points in May of 2025. This dataset provides - Hungary Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In July 2023, Hungarian consumers expected their financial situation to deteriorate over the next 12 months. The number of negative responses exceeded positive responses by 25 percentage points. The inflation rate in Hungary was predicted to surpass five percent in 2024.
As of April 2025, the inflation rate in the European Union was 2.4 percent, with prices rising fastest in Romania, which had an inflation rate of 4.9 percent. By contrast, both France and Cyprus saw low inflation rates during the same period, with France having the lowest inflation rate in the EU during this month. The rate of inflation in the EU in the October 2022 was higher than at any other time, with the peak prior to 2021 recorded in July 2008 when prices were growing by 4.4 percent year-on-year. Before the recent rises in inflation, price rises in the EU had been kept at relatively low levels, with the inflation rate remaining below three percent between January 2012 and August 2021. Rapid recovery and energy costs driving inflation The reopening of the European economy in 2021 following the sudden shock of COVID-19 in 2020 is behind many of the factors that have caused prices to rise so quickly in 2022. Global supply chains have not yet recovered from production issues, travel restrictions, and workforce problems brought about by the pandemic. Rising energy costs have only served to exacerbate supply problems, particularly with regard to the transport sector, which had the highest inflation rate of any sector in the EU in December 2021. High inflation rates mirrored in the U.S. The high inflation rates seen in Europe have been reflected in other parts of the world. In the United States, for example, the consumer price index reached a 40-year-high of seven percent in December 2021, influenced by many of the same factors driving European inflation. Nevertheless, it is hoped that once these supply chain issues ease, inflation levels will start to fall throughout the course of 2022.
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The benchmark interest rate in Hungary was last recorded at 6.50 percent. This dataset provides the latest reported value for - Hungary Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Hungary and Poland had the lowest real interest rate among Central and Eastern European countries in 2020, overtaking even the Eurozone (-1.8 percent).
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MNB预测:核心通胀:同比:不包括间接税在12-01-2020达2.947%,相较于12-01-2019的2.946%有所增长。MNB预测:核心通胀:同比:不包括间接税数据按年更新,12-01-2015至12-01-2020期间平均值为2.257%,共6份观测结果。该数据的历史最高值出现于12-01-2020,达2.947%,而历史最低值则出现于12-01-2015,为1.137%。CEIC提供的MNB预测:核心通胀:同比:不包括间接税数据处于定期更新的状态,数据来源于Magyar Nemzeti Bank,数据归类于Global Database的匈牙利 – 表 HU.I014:核心通胀:同比增长:预测:匈牙利国民银行。
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MNB预测:核心通胀:同比在12-01-2021达3.000%,相较于12-01-2020的3.241%有所下降。MNB预测:核心通胀:同比数据按年更新,12-01-2015至12-01-2021期间平均值为2.410%,共7份观测结果。该数据的历史最高值出现于12-01-2019,达3.266%,而历史最低值则出现于12-01-2015,为1.214%。CEIC提供的MNB预测:核心通胀:同比数据处于定期更新的状态,数据来源于Magyar Nemzeti Bank,数据归类于Global Database的匈牙利 – 表 HU.I014:核心通胀:同比增长:预测:匈牙利国民银行。
At **** U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the January 2025 Big Mac index. Concurrently, the cost of a Big Mac was **** dollars in the U.S., and **** U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.
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Inflation Rate in Hungary increased to 4.60 percent in June from 4.40 percent in May of 2025. This dataset provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.