Hungarian Parliament building

Hungary Inflation June 2023

Hungary: Inflation declines to lowest level since August 2022 in June

Inflation fell to 20.1% in June from May’s 21.5%. June’s reading represented the lowest inflation rate since August 2022. The reading was largely driven by increasing prices for clothing and footwear. In addition, price pressures for housing and energy declined at a more moderate pace.

Annual average inflation rose to 21.7% in June (May: 21.0%). Meanwhile, core inflation fell to 20.8% in June, from May’s 22.8%.

Finally, consumer prices increased 0.27% in June over the previous month, swinging from the 0.37% fall logged in May.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest