The annual inflation rate in Hungary eased to 1.8% in May 2026 from a three-month high of 2.1% in the previous month, falling short of market expectations of 2.3%. The slowdown was due largely by softer price increases in food (0.5% vs 1.5% in April), alcoholic beverages, tobacco products (3.3% vs 4.1%), and consumer durables (2.4% vs 2.7%). At the same time, costs for household energy declined by 2% after falling 0.4% in the prior month. On the other hand, inflation accelerated for clothing (1.1% vs 0.8%), other goods, including other items and fuels (0.4% vs 0.1%), and services (4.3% vs 4%). On a monthly basis, consumer prices were unchanged in May, after rising 0.4% in the preceding period. Meanwhile, the annual core inflation rate, which excludes volatile items such as food and energy, slowed to 2% from 2.2% in April, below market forecasts of 2.3%. source: Hungarian Central Statistical Office

Inflation Rate in Hungary decreased to 1.80 percent in May from 2.10 percent in April of 2026. Inflation Rate in Hungary averaged 8.56 percent from 1992 until 2026, reaching an all time high of 31.00 percent in June of 1995 and a record low of -1.40 percent in January of 2015. This page provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Inflation Rate in Hungary decreased to 1.80 percent in May from 2.10 percent in April of 2026. Inflation Rate in Hungary is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Inflation Rate is projected to trend around 2.50 percent in 2027 and 2.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-08 06:30 AM
Inflation Rate YoY
Apr 2.1% 1.8% 2% 2.1%
2026-06-09 06:30 AM
Inflation Rate YoY
May 1.8% 2.1% 2.3% 2.3%
2026-07-07 06:30 AM
Inflation Rate YoY
Jun 1.8% 2.7%



Components Last Previous Unit Reference
Food Inflation -2.10 -0.90 percent May 2026

Related Last Previous Unit Reference
CPI 2110.10 2110.10 points May 2026
Core Consumer Prices 655.70 655.70 points May 2026
Core Inflation Rate YoY 2.00 2.20 percent May 2026
CPI Transportation 99.70 99.90 points May 2026
Export Prices 101.60 110.50 points Apr 2026
GDP Deflator 167.08 163.02 points Mar 2026
Import Prices 95.70 96.50 points Apr 2026
Inflation Rate YoY 1.80 2.10 percent May 2026
Inflation Rate MoM 0.00 0.40 percent May 2026
Producer Prices 150.30 152.20 points Apr 2026
PPI YoY 0.30 1.20 percent Apr 2026


Hungary Inflation Rate
In Hungary, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (23 percent of total weight). Transport accounts for 15 percent; Housing and Utilities for 12 percent; Alcoholic beverages, Tobacco and Narcotics for 9 percent; Recreation and Culture for 7 percent; Miscellaneous Goods and Services for 7 percent; and Furniture, Household Equipment and Maintenance for 7 percent. Health; Restaurants and Hotels; Communication; Clothing and Footwear; and Education account for the remaining 20 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.10 31.00 -1.40 1992 - 2026 percent Monthly
1990=100, NSA

News Stream
Hungary Inflation Slows in May
The annual inflation rate in Hungary eased to 1.8% in May 2026 from a three-month high of 2.1% in the previous month, falling short of market expectations of 2.3%. The slowdown was due largely by softer price increases in food (0.5% vs 1.5% in April), alcoholic beverages, tobacco products (3.3% vs 4.1%), and consumer durables (2.4% vs 2.7%). At the same time, costs for household energy declined by 2% after falling 0.4% in the prior month. On the other hand, inflation accelerated for clothing (1.1% vs 0.8%), other goods, including other items and fuels (0.4% vs 0.1%), and services (4.3% vs 4%). On a monthly basis, consumer prices were unchanged in May, after rising 0.4% in the preceding period. Meanwhile, the annual core inflation rate, which excludes volatile items such as food and energy, slowed to 2% from 2.2% in April, below market forecasts of 2.3%.
2026-06-09
Hungary Inflation Rate Picks Up to 2.1%
The annual inflation rate in Hungary rose to 2.1% in April 2026 from 1.8% in March, marking a three-month high. The acceleration was driven mainly by higher food prices, which rose to 1.5% after stalling in March, and a rebound in other goods, including other items and fuels (0.1% vs -0.7%). In contrast, price growth slowed in several categories, with alcoholic beverages and tobacco easing to 4.1% from 5.5%, clothing to 0.8% from 1.4%, and services edging down slightly to 4.0% from 4.1%, while consumer durables were unchanged at 2.7%. Household energy recorded a sharp swing, falling 0.4% from a 4.3% increase in March. On a monthly basis, consumer prices rose 0.4%, the same pace as in the prior period. Meanwhile, the annual core inflation rate, which excludes volatile items such as food and energy, rose to 2.2% from 1.9% in March, slightly below market expectations of 2.3%.
2026-05-08
Hungary March Inflation Rises to 1.8%
The annual inflation rate in Hungary rose to 1.8% in March 2026 from a more than nine-year low of 1.4% in the previous month. Main upward pressures came from higher costs of alcoholic beverages and tobacco (5.5% vs 5.8% in February), fuel and power (4.3% vs 4.2%), services (4.1% vs 4.2%), and clothing and footwear (1.4% vs 0.7%). On the other hand, prices continued to decline for other goods, including motor fuels, down 0.7% after a 3.1% drop in February. On a monthly basis, consumer prices rose by 0.4% in March, the sharpest increase since July last year, following a 0.1% gain in the preceding period. Meanwhile, annual core inflation rate, which excludes volatile items such as food and energy, slowed to 1.9% in March, marking the softest rise since September 2018 and down from 2.1% in the prior month.
2026-04-08