The inflation rate in Hungary eased to 3 percent in October of 2020 from 3.4 percent in September and below market expectations of 3.1 percent. It is the lowest reading in four months, amid a slowdown in cost of food, alcoholic beverages and tobacco and a fall in motor fuels. On a monthly basis, consumer prices edged up 0.2 percent. source: Hungarian Central Statistical Office
Inflation Rate in Hungary averaged 8.60 percent from 1992 until 2020, reaching an all time high of 31 percent in June of 1995 and a record low of -1.40 percent in January of 2015. This page provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Inflation Rate in Hungary is expected to be 3.30 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 2.60 in 12 months time. In the long-term, the Hungary Inflation Rate is projected to trend around 2.40 percent in 2021 and 3.00 percent in 2022, according to our econometric models.