Hungary's annual inflation rate jumped to a five-month high of 3.7 percent in March 2019 from 3.1 percent in the previous month and above market expectations of 3.5 percent. Significant price rises were recorded for alcoholic beverages & tobacco (8.6 percent vs 7.3 percent in February) as well as food & non-alcoholic beverages (5.2 percent vs 5 percent), transport (3.7 percent vs 0.6 percent) and housing & utilities (2.2 percent vs 2.1 percent). The core inflation climbed to 3.8 percent, the highest reading since December 2012 and also above market consensus of 3.6 percent. On a monthly basis, consumer prices rose 0.7 percent in March, the biggest increase since last April. Inflation Rate in Hungary averaged 8.90 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
2019-01-15 08:00 AM Inflation Rate YoY 2.7% 3.1% 3% 2.9%
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 3.7% 3.5%
2019-06-07 07:00 AM Inflation Rate YoY
2019-07-09 07:00 AM Inflation Rate YoY 3.4%


Hungary Prices Last Previous Highest Lowest Unit
Inflation Rate 3.70 3.10 31.00 -1.40 percent [+]
Inflation Rate Mom 0.70 0.60 2.10 -0.70 percent [+]
Consumer Price Index CPI 1299.70 1291.10 1299.70 152.40 Index Points [+]
Harmonised Consumer Prices 108.23 107.47 108.23 29.31 Index Points [+]
Core Consumer Prices 439.30 437.60 439.30 102.90 Index Points [+]
Core Inflation Rate 3.80 3.50 26.31 -0.60 percent [+]
GDP Deflator 158.43 153.38 158.43 34.10 Index Points [+]
Producer Prices 102.70 103.80 111.30 96.50 Index Points [+]
Producer Prices Change 2.70 3.80 11.30 -3.50 percent [+]
Export Prices 103.30 103.80 111.50 89.80 Index Points [+]
Import Prices 104.30 104.30 113.00 89.50 Index Points [+]
CPI Transportation 103.70 100.60 122.00 91.70 Index Points [+]
Food Inflation 5.20 5.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.10 31.00 -1.40 1992 - 2019 percent Monthly
1990=100, NSA




Country Last Previous
Argentina 54.70 Mar/19
Australia 1.80 Dec/18
Brazil 4.58 Mar/19
Canada 1.90 Mar/19
China 2.30 Mar/19
Euro Area 1.40 Mar/19
France 1.10 Mar/19
Germany 1.30 Mar/19
India 2.86 Mar/19
Indonesia 2.48 Mar/19
Italy 1.00 Mar/19
Japan 0.50 Mar/19
Mexico 4.00 Mar/19
Netherlands 2.80 Mar/19
Russia 5.30 Mar/19
Saudi Arabia -2.20 Feb/19
Singapore 0.60 Mar/19
South Africa 4.50 Mar/19
South Korea 0.40 Mar/19
Spain 1.30 Mar/19
Switzerland 0.70 Mar/19
Turkey 19.71 Mar/19
United Kingdom 1.90 Mar/19
United States 1.90 Mar/19


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