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. source: Hungarian Central Statistical Office

Inflation Rate in Hungary decreased to 2.10 percent in January from 3.30 percent in December of 2025. Inflation Rate in Hungary averaged 8.62 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 February of 2026.

Inflation Rate in Hungary decreased to 2.10 percent in January from 3.30 percent in December of 2025. Inflation Rate in Hungary is expected to be 2.30 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 3.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-13 07:30 AM
Inflation Rate YoY
Dec 3.3% 3.8% 3.3% 3.4%
2026-02-12 07:30 AM
Inflation Rate YoY
Jan 2.1% 3.3% 2.4% 2.8%
2026-03-10 07:30 AM
Inflation Rate YoY
Feb 2.1% 2.0%

Components Last Previous Unit Reference
Food Inflation -2.00 -0.30 percent Jan 2026

Related Last Previous Unit Reference
CPI 2091.20 2084.70 points Jan 2026
Core Consumer Prices 654.20 652.80 points Jan 2026
Core Inflation Rate YoY 2.70 3.80 percent Jan 2026
CPI Transportation 96.90 98.60 points Jan 2026
Export Prices 95.40 100.80 points Dec 2025
GDP Deflator 160.53 158.24 points Sep 2025
Import Prices 92.20 94.10 points Dec 2025
Inflation Rate YoY 2.10 3.30 percent Jan 2026
Inflation Rate MoM 0.30 0.10 percent Jan 2026
Producer Prices 146.30 146.90 points Dec 2025
PPI YoY -3.40 -2.70 percent Dec 2025


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
2.10 3.30 31.00 -1.40 1992 - 2026 percent Monthly
1990=100, NSA

News Stream
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.
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.
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.
2025-12-09