Hungary Inflation Rate

The inflation rate in Hungary was recorded at 0.10 percent in March of 2014. Inflation Rate in Hungary is reported by the Hungarian Central Statistical Office. Inflation Rate in Hungary averaged 10.62 Percent from 1992 until 2014, reaching an all time high of 31 Percent in June of 1995 and a record low of 0 Percent in January of 2014. In Hungary, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.10 0.10 31.00 0.00 1.30 | 2014/04 1992 - 2014 Percent Monthly
1990=100, NSA

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Hungary Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-15 08:00 AM Hungary
Inflation Rate YoY
Dec 2013 0.4% 0.9% 0.4% 1.19%
2014-02-14 08:00 AM Hungary
Inflation Rate YoY
Jan 2014 0.0% 0.4% 0.2% 0.5%
2014-03-11 08:00 AM Hungary
Inflation Rate YoY
Feb 2014 0.1% 0.0% 0.4% 0.8%
2014-04-11 08:00 AM Hungary
Inflation Rate YoY
Mar 2014 0.1% 0.1% 1.05%
2014-05-13 08:00 AM Hungary
Inflation Rate YoY
Apr 2014 0.1% 1.3%
2014-06-11 08:00 AM Hungary
Inflation Rate YoY
May 2014 1.54%
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Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate 0.10 2014-03-31 0.10 31.00 0.00 1.30 2014-04-30 Percent [+]
Core Inflation Rate 2.69 2014-03-15 2.83 26.31 -0.60 2.77 2014-04-30 Percent [+]
Consumer Price Index (CPI) 1207.40 2014-03-15 1204.80 1211.00 152.40 1207.91 2014-04-30 Index Points [+]
Core Consumer Prices 395.90 2014-03-15 395.60 395.90 102.70 396.41 2014-04-30 Index Points [+]
Export Prices 100.30 2014-01-15 101.10 111.50 89.80 99.48 2014-02-28 Index Points [+]
GDP Deflator 135.05 2013-11-15 131.69 135.05 33.95 135.42 2014-03-31 Index Points [+]
Harmonised Consumer Prices 100.20 2014-03-15 100.10 100.60 99.20 100.02 2014-04-30 Index Points [+]
Import Prices 99.60 2014-01-15 100.20 113.00 89.50 98.22 2014-02-28 Index Points [+]
Inflation Rate Mom 0.20 2014-03-31 0.10 2.10 -0.60 0.11 2014-04-30 Percent [+]
Producer Prices 100.20 2014-02-15 99.90 111.30 96.50 99.17 2014-03-31 Index Points [+]
Producer Prices Change 0.20 2014-02-15 -0.10 11.30 -3.50 1.18 2014-03-31 Percent [+]
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Hungarian Inflation Rate Unchanged in March

The annual consumer prices increased 0.1 percent in March of 2014, unchanged from 0.1 percent in the previous month. A year earlier, the inflation rate was recorded at 2.2 percent.

Upward pressures came mostly from cost of alcoholic beverages and tobacco (+7.9 percent), and services (1.8 percent). On the other hand, prices fell for electricity, gas and other fuels (-10.0 percent), motor fuels (-1.1 percent), clothing and footwear (-0.4 percent), and consumer durable goods (-0.2 percent).

On a monthly basis, prices increased 0.2 percent compared to 0.3 percent in February. Higher prices were recorded for clothing and footwear (0.6 percent) due to the seasonal change, and for other goods including motor fuels and lubricants (0.5 percent). 

Food cost increased by 0.1 percent due to higher prices for milk (1.8 percent), potatoes, fresh vegetables and fruits (0.8 percent). Price fall was registered for oil (2.9 percent), egg (1.4 percent), pork (1.2 percent), and flour (1.0 percent). Prices of electricity, gas and other fuels showed no change.

Core CPI increased 0.10 percent from February to March of 2014. The annual rate increased to 2.7 percent in March.

Hungarian Central Statistical Office | Isabel Felino | isabel.felino@tradingeconomics.com
4/11/2014 10:53:44 AM

RECENT RELEASES

Hungarian Inflation Rate Edges Up in February
The annual consumer prices accelerated to 0.1 percent in February, after falling to zero in January, as food prices remained unchanged following a 0.2 percent drop in the previous month. Published on 2014-03-11

Hungary Inflation Rate Slows to 43-Year Low in December
In December of 2013, Hungary’s annual inflation rate slowed to 0.4 percent, the lowest rate in more than 40 years, mainly due to a sharp fall in utilities' prices. Core inflation rate which excludes food and fuel remained unchanged at 3.5 percent. Published on 2014-01-15


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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