Hungary Inflation Rate

Last updated: 2024-01-15

Annual inflation

5.50%

YoY ending in Dec 2023

Monthly inflation

-0.32%

December 2023

The graph above shows the annual inflation rates in Hungary for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Hungary Inflation Calculator.

The current inflation rate in Hungary is 5.50%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in December 2023.

In December 2023, the monthly inflation rate was -0.32.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2023 YoY 25.70 25.40 25.20 24.00 21.50 20.10 17.60 16.40 12.20 9.90 7.90 5.50
MoM 2.34 0.81 0.80 0.66 -0.37 0.28 0.28 0.70 0.37 -0.14 0.00 -0.32
2022 YoY 7.90 8.30 8.50 9.50 10.70 11.70 13.70 15.60 20.10 21.10 22.50 24.50
MoM 1.39 1.08 1.01 1.58 1.67 1.47 2.35 1.80 4.08 2.01 1.82 1.94

Historical Annual Inflation Rates from 1981

The table below contains annual inflation rates in Hungary from 1981. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 8.54%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1981 6.64 - -
1982 8.43 - -
1983 5.26 - -
1984 7.84 - -
1985 7.80 - -
1986 5.38 6.96 -
1987 10.95 7.32 -
1988 14.80 8.96 -
1989 18.14 10.65 -
1990 33.35 14.77 -
1991 32.22 20.59 13.57
1992 25.55 23.74 15.24
1993 21.10 25.15 16.78
1994 21.20 25.52 17.85
1995 28.30 25.50 20.02
1996 19.81 23.32 21.94
1997 18.39 22.23 22.98
1998 10.30 20.52 22.82
1999 11.21 18.67 22.04
2000 10.10 15.03 20.15
2001 6.80 12.22 17.64
2002 4.80 9.63 15.76
2003 5.70 7.74 13.95
2004 5.50 7.10 12.74
2005 3.30 5.85 10.35
2006 6.50 4.83 8.46
2007 7.40 5.36 7.47
2008 3.50 5.63 6.68
2009 5.60 5.13 6.11
2010 4.70 5.39 5.62
2011 4.10 5.39 5.11
2012 5.00 4.94 5.15
2013 0.40 4.07 4.85
2014 -0.90 3.17 4.14
2015 0.90 2.18 3.77
2016 1.80 1.47 3.41
2017 2.10 0.83 2.86
2018 2.70 1.05 2.55
2019 4.00 1.76 2.46
2020 2.70 2.45 2.31
2021 7.40 3.39 2.43
2022 24.50 5.76 3.27
2023 5.50 8.54 4.73

More historical data →