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Hungary Inflation Slows to Over 9-Year Low
The annual inflation rate in Hungary slowed to 1.4% in February 2026 from 2.1% in the previous month, below market forecasts of 1.7%. This marked the lowest reading since November 2016, mainly due to slower cost increases for food (0.2% vs 1.3% in January), clothing and footwear (0.7% vs 1.6%), fuel and power (4.2% vs 6.2%), and services (4.2% vs 5%). On the other hand, prices declined at a softer pace for other goods, including motor fuels (-3.1% vs -3.5%). On a monthly basis, consumer prices rose by 0.1% in February, easing from a 0.3% gain in the preceding period. Meanwhile, annual core inflation rate, which excludes volatile items such as food and energy, slowed to 2.1% in February from 2.7% in the prior month, marking the softest rise since September 2018.
Published on 2026-03-10

Hungary Inflation Hits Near 8-Year Low
The annual inflation rate in Hungary slowed to 2.1% in January 2026 from 3.3% in the previous month, below market expectations of 2.4%. This marked the lowest level since March 2018, mainly driven by softer price increases for food (1.3% vs 2.6% in December 2025), alcoholic beverages and tobacco products (6.3% vs 7.1%), household energy and heating (6.2% vs 8.9%), and services (5.0% vs 6.8%). Additionally, costs continued to decline for other items and fuels (-3.5% vs -2.4%). On the other hand, inflation rose at a faster pace for consumer durables (2.9% vs 2.7%), while it remained steady for clothing items (at 1.6%). On a monthly basis, consumer prices edged up 0.3% in January, compared with a 0.1% increase in the previous month. Annual core inflation, which excludes volatile items such as food and energy, eased to 2.7% in January from 3.8% in December 2025, marking the softest reading since January 2019.
Published on 2026-02-12

Hungary Inflation Hits Near 8-Year Low
The annual inflation rate in Hungary slowed to 2.1% in January 2026 from 3.3% in the previous month, below market expectations of 2.4%. This marked the lowest level since March 2018, mainly driven by softer price increases for food (1.3% vs 2.6% in December 2025), alcoholic beverages and tobacco products (6.3% vs 7.1%), household energy and heating (6.2% vs 8.9%), and services (5.0% vs 6.8%). Additionally, costs continued to decline for other items and fuels (-3.5% vs -2.4%). On the other hand, inflation rose at a faster pace for consumer durables (2.9% vs 2.7%), while it remained steady for clothing items (at 1.6%). On a monthly basis, consumer prices edged up 0.3% in January, compared with a 0.1% increase in each of the previous two months. Annual core inflation, which excludes volatile items such as food and energy, eased to 2.7% in January from 3.8% in December 2025, marking the softest reading since January 2019.
Published on 2026-02-12

Hungary Inflation Hits Near 8-Year Low
The annual inflation rate in Hungary slowed to 2.1% in January 2026 from 3.3% in the previous month, below market expectations of 2.4%. This marked the lowest level since March 2018, mainly driven by softer price increases for food (1.3% vs 2.6% in December 2025), alcoholic beverages and tobacco products (6.3% vs 7.1%), household energy and heating (6.2% vs 8.9%), and services (5.0% vs 6.8%). Additionally, costs continued to decline for other items and fuels (-3.5% vs -2.4%). On the other hand, inflation rose at a faster pace for consumer durables (2.9% vs 2.7%), while it remained steady for clothing items (at 1.6%). On a monthly basis, consumer prices edged higher by 0.3% in January from 0.1% in the previous month. Annual core inflation, which excludes volatile items such as food and energy, eased to 2.7% in January from 3.8% in December 2025, marking the softest reading since January 2019.
Published on 2026-02-12

Hungary Inflation Eases to 14-Month Low
The annual inflation rate in Hungary slowed to 3.3% in December 2025 from 3.8% in the previous month, matching market expectations. This marked the lowest rate since October last year, mainly driven by softer price increases for food (2.6% vs 3.2% in November), alcoholic beverages and tobacco products (7.1% vs 7.5%), and household energy and heating (8.9% vs 9.8%). Additionally, costs continued to decline for other items and fuels (-2.4% vs -0.8%). On the other hand, inflation increased at a faster pace for clothing items (1.6% vs 1.4%) and services (6.8% vs 6.5%). On a monthly basis, consumer prices rose by 0.1% in December, the same pace as in the previous month. Annual core inflation, which excludes volatile items such as food and energy, eased to 3.8% in December, marking the softest rise since August 2021, from 4.1% in November.
Published on 2026-01-13

Hungary Inflation Cools to 1-Year Low
The annual inflation rate in Hungary eased to 3.8% in November 2025 from 4.3% in each of the previous four months, below market expectations of 4%. This marked the lowest rate in a year, amid softer price increases for food (3.2% vs 3.9% in October), electricity, gas and other fuels (9.8% vs 10.7%), services (6.5% vs 6.7%), and clothing and footwear (1.4% vs 1.7%). At the same time, prices of other goods, including motor fuels and lubricants fell 0.8% after a 0.2% rise in the prior month. Conversely, inflation picked up for consumer durables (2.9% vs 2.4%) while remaining unchanged for alcoholic beverages and tobacco (at 7.5%). On a monthly basis, consumer prices edged up 0.1% in November, following three months of zero growth. Annual core inflation, which excludes volatile items such as food and energy, ticked down to 4.1% in November from a four-month high of 4.2% in October, in line with market forecasts.
Published on 2025-12-09

Hungary Inflation Steady for 4th Month
Hungary’s annual inflation rate held steady at 4.3% in October 2025, matching the previous three months and slightly below the market forecast of 4.4%. Main upward pressures on prices came from alcoholic beverages and tobacco products (7.5% vs 7.1% in September), electricity, gas and other fuels (10.7% vs 10.6%), and services (6.7% vs 5.9%). In contrast, inflation moderated for food (3.9% vs 4.7%), clothing items (1.7% vs 2.4%), consumer durables (2.4% vs 2.5%), and other goods, including motor fuels (0.2% vs 0.6%). On a monthly basis, consumer prices remained unchanged for the third consecutive month. Annual core inflation, which excludes volatile items such as food and energy, rose to 4.2% in October from 3.9% in the prior period, exceeding forecasts of 4.1% and marking its highest in four months.
Published on 2025-11-11

Hungary Inflation Steady at 4.3% for 3rd Month
The annual inflation rate in Hungary held steady at 4.3% in September 2025, unchanged from the previous two months, slightly below market forecasts of 4.4%. Prices increased for services (5.9% vs 5.4% in August) and consumer durables (2.5% vs 2.4%). Meanwhile, inflation eased for food (4.7% vs 5.9%), electricity, gas and other fuels (10.6% vs 11%), and alcoholic beverages and tobacco (7.1% vs 7.3%). On a monthly basis, consumer prices were unchanged for the second straight month. Annual core inflation, which excludes volatile items such as food and energy, held steady at 3.9% in September, remaining at its lowest level since August 2021.
Published on 2025-10-08

Hungary Inflation Steady for 3rd Month
The annual inflation rate in Hungary held steady at 4.3% in September 2025, unchanged from the previous two months, slightly below market forecasts of 4.4%. Prices increased for services (5.9% vs 5.4% in August) and consumer durables (2.5% vs 2.4%). Meanwhile, inflation eased for food (4.7% vs 5.9%), electricity, gas and other fuels (10.6% vs 11%), and alcoholic beverages and tobacco (7.1% vs 7.3%). On a monthly basis, consumer prices were unchanged for the second straight month. Annual core inflation, which excludes volatile items such as food and energy, held steady at 3.9% in September, remaining at its lowest level since August 2021.
Published on 2025-10-08

Hungary Inflation Steady for 3rd Month
The annual inflation rate in Hungary stood at 4.3% in September 2025, unchanged from the previous two months, slightly below market forecasts of 4.4%. Prices increased for services (5.9% vs 5.4% in August) and consumer durables (2.5% vs 2.4%). Meanwhile, inflation eased for food (4.7% vs 5.9%), electricity, gas and other fuels (10.6% vs 11%), and alcoholic beverages and tobacco (7.1% vs 7.3%). On a monthly basis, consumer prices were unchanged for the second straight month. Annual core inflation, which excludes volatile items such as food and energy, held steady at 3.9% in September, remaining at its lowest level since August 2021.
Published on 2025-10-08

Hungary Inflation Steady at 4.3% in August
The annual inflation rate in Hungary rose 4.3% in August 2025, the same pace as in the previous month and matching market forecasts. Higher costs were seen for alcoholic beverages and tobacco (7.3% vs 6.9%), electricity, gas and other fuels (11.0% vs 10.9%), services (5.4% vs 5.3%), and consumer durables (2.4% vs 2.1%). Meanwhile, inflation remained the same for food and non-alcoholic beverages (5.9%). On a monthly basis, consumer prices stalled in August from 0.4% in the previous month.
Published on 2025-09-09

Hungary Inflation Eases to 3-Month Low
The annual inflation rate in Hungary eased to 4.3% in July 2025 from 4.6% in June, but it was above market expectations of 4.1%. This was the lowest level since April, as price growth moderated for food (5.9% vs 6.2% in June), services (5.3% vs 5.4%), and consumer durables (2.1% vs 2.6%). Meanwhile, inflation accelerated for electricity, gas and other fuels (10.9% vs 8.6%) and picked up for alcoholic beverages and tobacco (6.5% vs 6.3%). On a monthly basis, consumer prices increased by 0.4% in July, following a 0.1% rise in the previous month. Annual core inflation, which excludes volatile items such as food and energy, fell to a fourteen-month low of 4.0%, from 4.4% in June, matching market forecasts.
Published on 2025-08-08

Hungary Inflation Eases to 3-Month Low
The annual inflation rate in Hungary eased to 4.3% in July 2025 from 4.6% in the previous month, but it was above market expectations of 4.1%. This was the lowest level since April, as price growth moderated for food (5.9% vs 6.2% in June), services (5.3% vs 5.4%), and consumer durables (2.1% vs 2.6%). Meanwhile, inflation accelerated for electricity, gas and other fuels (10.9% vs 8.6%) and picked up for alcoholic beverages and tobacco (6.5% vs 6.3%). On a monthly basis, consumer prices increased by 0.4% in July, the fastest increase in five months, after a 0.1% gain in June. Annual core inflation, which excludes volatile items such as food and energy, fell to a fourteen-month low of 4.0%, from 4.4% in June, matching market forecasts.
Published on 2025-08-08

Hungary Inflation Rate at 3-Month High
The annual inflation rate in Hungary inched up to 4.6% in June 2025 from 4.4% in the previous month, in line with market forecasts. This marked the highest reading since March, driven by higher costs for food (6.2% vs 5.9% in May), electricity, gas and other fuels (8.6% vs 5.3%), and consumer durables (2.6% vs 2.2%). In contrast, price growth slowed for alcoholic beverages and tobacco (6.3% vs 7.3%) and services (5.4% vs 5.9%). On a monthly basis, consumer prices rose by 0.1% in June, following a 0.2% increase in May. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, eased to a seven-month low of 4.4% in June, from 4.8% in the prior month and below market expectations of 4.6%.
Published on 2025-07-08

Hungary Inflation Rate at 3-Month High
The annual inflation rate in Hungary inched up to 4.6% in June 2025 from 4.4% in the prior month, in line with market forecasts. This marked the highest reading since March, driven by higher costs for food (6.2% vs 5.9% in May), electricity, gas and other fuels (8.6% vs 5.3%), and consumer durables (2.6% vs 2.2%). In contrast, price growth slowed for alcoholic beverages and tobacco (6.3% vs 7.3%) and services (5.4% vs 5.9%). On a monthly basis, consumer prices rose by 0.1% in June, following a 0.2% increase in each of the previous two months. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, eased to a seven-month low of 4.4% in June, from 4.8% in May and below market expectations of 4.6%.
Published on 2025-07-08

Hungary Inflation Picks Up to 4.4% in May
The annual inflation rate in Hungary edged up to 4.4% in May 2025, from April’s five-month low of 4.2% and topping expectations of 4.3%. Prices rose for food (5.9% vs 5.4% in April), electricity, gas and other fuels (5.3% vs 3.5%), alcoholic beverages and tobacco (7.3% vs 6.3%), and consumer durables (2.2% vs 2%). On the other hand, services inflation eased (5.9% vs 7%). On a monthly basis, consumer prices increased by 0.2% in May, the same pace as in the previous month. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, slowed to a five-month low of 4.8% in May, from 5% in the preceding month.
Published on 2025-06-11

Hungary Inflation Picks Up to 4.4% in May
The annual inflation rate in Hungary edged up to 4.4% in May 2025, from April’s five-month low of 4.2% and topping expectation of 4.3%. Prices rose for food (5.9% vs 5.4% in April), electricity, gas and other fuels (5.3% vs 3.5%), alcoholic beverages and tobacco (7.3% vs 6.3%), and consumer durables (2.2% vs 2%). On the other hand, services inflation eased (5.9% vs 7%). On a monthly basis, consumer prices increased by 0.2% in May, the same pace as in the previous month. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, slowed to a five-month low of 4.8% in May, from 5% in the preceding month.
Published on 2025-06-11

Hungary Inflation Picks Up to 4.4% in May
The annual inflation rate in Hungary edged up to 4.4% in May 2025, from April’s five-month low of 4.2%. Prices rose for food (5.9% vs 5.4% in April), electricity, gas and other fuels (5.3% vs 3.5%), alcoholic beverages and tobacco (7.3% vs 6.3%), and consumer durables (2.2% vs 2%). On the other hand, services inflation eased (5.9% vs 7%). On a monthly basis, consumer prices increased by 0.2% in May, the same pace as in the previous month. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, slowed to a five-month low of 4.8% in May, from 5% in the preceding month.
Published on 2025-06-11

Hungary Inflation Slows to 5-Month Low
The annual inflation rate in Hungary slowed to 4.2% in April 2025 from 4.7% in the previous month. This marked the lowest level since November 2024, as price growth moderated for food (5.4% vs 7% in March), services (7% vs 7.5%), and consumer durables (2% vs 2.1%). In contrast, costs increased further for alcoholic beverages and tobacco (6.3% vs 5.5%), while prices rebounded for electricity, gas and other fuels (3.5% vs -2.7%). On a monthly basis, consumer prices rose by 0.2% in April, after a flat reading in March. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, eased to a four-month low of 5% in April, from 5.7% in the prior month.
Published on 2025-05-09

Hungary Inflation Eases to 4.7% in March
The annual inflation rate in Hungary eased to 4.7% in March 2025 from February’s 15-month high of 5.6%, below market expectations of 5%. The slowdown was due to softer price increases for services (7.5% vs 9.2% in February) and food (7% vs 7.1%). Additionally, costs dropped further for electricity, gas and other fuels (-2.7% vs -0.2%). On the other hand, prices continued to rise for alcoholic beverages and tobacco (5.5% vs 5%) and consumer durables (2.1% vs 1.6%). On a monthly basis, the CPI was unchanged in March, following a 0.8% rise in the previous month. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, fell to 5.7% in March from February’s fourteen-month high of 6.2%.
Published on 2025-04-08