Inflation in Hungary

Hungary Inflation | Economic News & Forecasts

Hungary - Inflation

Inflation rises in June

Consumer prices increased 0.40% in June over the previous month, matching May’s result. This month’s reading largely reflected higher prices for consumer durables and services, while food prices decreased.

Inflation rose to 2.9% in June, from May’s 2.2%. Meanwhile, annual average inflation ticked down to 3.3% in June (May: 3.4%). Core inflation was stable at the previous month’s 4.0%.

FocusEconomics panelists see inflation averaging 2.9% in 2020, which is down 0.1 percentage points from last month’s projection. For 2021, the panel sees inflation averaging 2.8%.

Hungary - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.1  0.4  2.4  2.8  3.4  

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Hungary Inflation Chart

Hungary Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Hungarian Central Statistical Office (KSH).

Hungary Facts

Value Change Date
Bond Yield2.080.0 %Dec 31
Exchange Rate295.1-0.68 %Jan 01

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