Annual inflation in Hungary rose to 3.8 percent in October of 2018 from 3.6 percent in September and above market expectations of 3.6 percent. It is the highest inflation rate since December of 2012 as cost went up faster for transport (9.2 percent compared to 8 percent); alcoholic beverages and tobacco (5.5 percent compared to 5.4 percent); recreation and culture (2.3 percent compared to 1.7 percent); and miscellaneous goods and services (2.8 percent compared to 2.5 percent). On the other hand, inflation eased for food & non-alcoholic beverages (4.5 percent compared to 4.6 percent in September) and was steady at 1.8 percent for housing and utilities. Prices of electricity, gas and other fuels went up 1.3 percent, within which butane and propane gas 12.7 percent and firewood 9.5 percent. On a monthly basis, consumer prices went up 0.5 percent after a 0.3 percent gain in September. Inflation Rate in Hungary averaged 8.99 percent from 1992 until 2018, reaching an all time high of 31 percent in June of 1995 and a record low of -1.40 percent in January of 2015.

Hungary Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-11 07:00 AM Inflation Rate YoY 3.4% 3.4% 3.3% 3.2%
2018-10-09 07:00 AM Inflation Rate YoY 3.6% 3.4% 3.5% 3.3%
2018-11-08 08:00 AM Inflation Rate YoY 3.8% 3.6% 3.6% 3.1%
2018-12-11 08:00 AM Inflation Rate YoY 3.8% 3.2%


Hungary Prices Last Previous Highest Lowest Unit
Inflation Rate 3.80 3.60 31.00 -1.40 percent [+]
Inflation Rate Mom 0.50 0.30 2.10 -0.70 percent [+]
Harmonised Consumer Prices 100.50 100.30 100.80 99.20 Index Points [+]
Consumer Price Index CPI 1288.80 1282.20 1288.80 152.40 Index Points [+]
Core Consumer Prices 431.50 430.10 431.50 102.60 Index Points [+]
Core Inflation Rate 2.60 2.40 26.31 -0.60 percent [+]
GDP Deflator 152.52 148.30 152.52 34.10 Index Points [+]
Producer Prices 106.70 108.10 111.30 96.50 Index Points [+]
Producer Prices Change 6.70 8.10 11.30 -3.50 percent [+]
Export Prices 106.30 105.60 111.50 89.80 Index Points [+]
Import Prices 108.40 106.90 113.00 89.50 Index Points [+]
CPI Transportation 109.20 108.00 122.00 91.70 Index Points [+]
Food Inflation 4.50 4.60 18.50 -2.70 percent [+]


Hungary Inflation Rate

In Hungary, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (21.3 percent of total weight). Transport accounts for 16.2 percent; Housing and Utilities for 13.2 percent; Alcoholic beverages and Tobacco for 8.3 percent; Recreation and Culture for 7.7 percent and Miscellaneous Goods and Services for 7.3 percent. Restaurants and Hotels; Health; Furniture, Household Goods and Maintenance; Communication; Clothing and Footwear and Education account for the remaining 26 percent of total weight. This page provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.80 3.60 31.00 -1.40 1992 - 2018 percent Monthly
1990=100, NSA




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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