Annual inflation in Hungary rose to 3.9 percent in April of 2019 from 3.7 percent in March, missing market expectations of 4.0 percent. Still, it was the highest inflation rate since December of 2012, as cost went up faster for transport (4.7 percent vs 3.7 percent in March); alcoholic beverages & tobacco (9.1 percent vs 8.6 percent); recreation & culture (2.0 percent vs 1.8 percent); miscellaneous goods & services (2.0 percent vs 1.8 percent) and for restaurants & hotels (6.1 percent vs 5.9 percent). On the other hand, prices rose at a softer pace for food and non-alcoholic beverages (5.0 percent vs 5.2 percent); furniture & household equipment (1.9 percent vs 2.1 percent) and clothing & footwear (0.5 percent vs 1.2 percent) while inflation was steady for housing & utilities (at 2.2 percent) and for health (at 3.6 percent). On a monthly basis, consumer prices increased 0.9 percent, following a 0.7 percent rise in March. Inflation Rate in Hungary averaged 8.88 percent from 1992 until 2019, reaching an all time high of 31 percent in June of 1995 and a record low of -1.40 percent in January of 2015.

Inflation Rate in Hungary is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Hungary to stand at 3.10 in 12 months time. In the long-term, the Hungary Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Hungary Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-12 08:00 AM Inflation Rate YoY 2.7% 2.7% 2.8% 2.7%
2019-03-08 08:00 AM Inflation Rate YoY 3.1% 2.7% 2.9% 2.9%
2019-04-09 07:00 AM Inflation Rate YoY 3.7% 3.1% 3.5% 3.2%
2019-05-09 07:00 AM Inflation Rate YoY 3.9% 3.7% 4% 3.5%
2019-06-07 07:00 AM Inflation Rate YoY 3.9%
2019-07-09 07:00 AM Inflation Rate YoY 3.4%
2019-08-08 07:00 AM Inflation Rate YoY


Hungary Prices Last Previous Highest Lowest Unit
Inflation Rate 3.90 3.70 31.00 -1.40 percent [+]
Inflation Rate Mom 0.90 0.70 2.10 -0.70 percent [+]
Consumer Price Index CPI 1311.10 1299.70 1311.10 152.40 Index Points [+]
Harmonised Consumer Prices 109.20 108.23 109.20 29.31 Index Points [+]
Core Consumer Prices 440.70 439.30 440.70 102.90 Index Points [+]
Core Inflation Rate 3.80 3.80 26.31 -0.60 percent [+]
GDP Deflator 158.43 153.38 158.43 34.10 Index Points [+]
Producer Prices 102.70 102.70 111.30 96.50 Index Points [+]
Producer Prices Change 2.70 2.70 11.30 -3.50 percent [+]
Export Prices 102.00 103.30 111.50 89.80 Index Points [+]
Import Prices 102.90 104.30 113.00 89.50 Index Points [+]
CPI Transportation 104.70 103.70 122.00 91.70 Index Points [+]
Food Inflation 5.00 5.20 18.50 -2.70 percent [+]


Hungary Inflation Rate

In Hungary, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (21.3 percent of total weight). Transport accounts for 16.2 percent; Housing and Utilities for 13.2 percent; Alcoholic beverages and Tobacco for 8.3 percent; Recreation and Culture for 7.7 percent and Miscellaneous Goods and Services for 7.3 percent. Restaurants and Hotels; Health; Furniture, Household Goods and Maintenance; Communication; Clothing and Footwear and Education account for the remaining 26 percent of total weight. This page provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.70 31.00 -1.40 1992 - 2019 percent Monthly
1990=100, NSA




Country Last Previous
Argentina 55.80 Apr/19
Australia 1.30 Mar/19
Brazil 4.94 Apr/19
Canada 2.00 Apr/19
China 2.50 Apr/19
Euro Area 1.70 Apr/19
France 1.30 Apr/19
Germany 2.00 Apr/19
India 2.92 Apr/19
Indonesia 2.83 Apr/19
Italy 1.10 Apr/19
Japan 0.90 Apr/19
Mexico 4.41 Apr/19
Netherlands 2.90 Apr/19
Russia 5.20 Apr/19
Saudi Arabia -1.90 Apr/19
Singapore 0.80 Apr/19
South Africa 4.40 Apr/19
South Korea 0.60 Apr/19
Spain 1.50 Apr/19
Switzerland 0.70 Apr/19
Turkey 19.50 Apr/19
United Kingdom 2.10 Apr/19
United States 2.00 Apr/19


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