Cost of food in Hungary increased 4.50 percent in December of 2018 over the same month in the previous year. Food Inflation in Hungary averaged 4.88 percent from 1999 until 2018, reaching an all time high of 18.50 percent in June of 2001 and a record low of -2.70 percent in May of 2010.
Food Inflation in Hungary is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Hungary to stand at 4.50 in 12 months time. In the long-term, the Hungary Food Inflation is projected to trend around 4.90 percent in 2020, according to our econometric models.