Hungarian Parliament building

Hungary Inflation December 2021

Hungary: Inflation stable at over 14-year high in December

Consumer prices increased 0.31% in December over the previous month, following the 0.67% rise recorded in November. The sharpest price increases were recorded for motor fuels, clothing and footwear and consumer durables.

Inflation was stable at November’s 7.4%, which had marked the highest inflation rate since August 2007. Meanwhile, the trend pointed up, with annual average inflation coming in at 5.1% in December (November: 4.7%), the highest reading in over eight years. As a further sign of widespread inflation pressure, core inflation jumped to 6.4% in December from the previous month’s 5.3%, marking the highest print since January 20082.

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