Harmonised Index of Consumer Prices in Hungary

Oficina Central de Estadistica de Hungria (KSH) · Mensual · Importance 90

IMF forecast (WEO): 2026: 3.8% 2027: 3.5% 2028: 3.1% 2029: 3.0% 2030: 3.0% 2031: 3.0%

1.2% (Jul-26) YOY · % · Mensual · CSV

Period	%
Jul 2026	1.2%
Jun 2026	1.7%
May 2026	1.8%
Apr 2026	2.1%
Mar 2026	1.8%
Feb 2026	1.4%
Jan 2026	2.1%
Dec 2025	3.3%
Nov 2025	3.8%
Oct 2025	4.3%
Sep 2025	4.3%
Aug 2025	4.3%
Jul 2025	4.3%
Jun 2025	4.6%
May 2025	4.4%
Apr 2025	4.2%
Mar 2025	4.7%
Feb 2025	5.6%
Jan 2025	5.5%
Dec 2024	4.6%
Nov 2024	3.7%
Oct 2024	3.2%
Sep 2024	3.0%
Aug 2024	3.4%
Jul 2024	4.1%
Jun 2024	3.7%
May 2024	4.0%
Apr 2024	3.7%
Mar 2024	3.6%
Feb 2024	3.7%
Jan 2024	3.8%
Dec 2023	5.5%
Nov 2023	7.9%
Oct 2023	9.9%
Sep 2023	12.2%
Aug 2023	16.4%
Jul 2023	17.6%
Jun 2023	20.1%
May 2023	21.5%
Apr 2023	24.0%
Mar 2023	25.2%
Feb 2023	25.4%
Jan 2023	25.7%
Dec 2022	24.5%
Nov 2022	22.5%
Oct 2022	21.1%
Sep 2022	20.1%
Aug 2022	15.6%
Jul 2022	13.7%
Jun 2022	11.7%
May 2022	10.7%
Apr 2022	9.5%
Mar 2022	8.5%
Feb 2022	8.3%
Jan 2022	7.9%
Dec 2021	7.4%
Nov 2021	7.4%
Oct 2021	6.5%
Sep 2021	5.5%
Aug 2021	4.9%

Period	%
Jul 2026	1.6%
Jun 2026	2.1%
May 2026	2.3%
Apr 2026	2.6%
Mar 2026	2.1%
Feb 2026	1.6%
Jan 2026	2.3%
Dec 2025	3.3%
Nov 2025	3.7%
Oct 2025	4.2%
Sep 2025	4.3%
Aug 2025	4.2%
Jul 2025	4.2%
Jun 2025	4.6%
May 2025	4.5%
Apr 2025	4.2%
Mar 2025	4.8%
Feb 2025	5.7%
Jan 2025	5.7%
Dec 2024	4.8%
Nov 2024	3.9%
Oct 2024	3.4%
Sep 2024	3.0%
Aug 2024	3.4%
Jul 2024	4.1%
Jun 2024	3.6%
May 2024	3.9%
Apr 2024	3.6%
Mar 2024	3.6%
Feb 2024	3.6%
Jan 2024	3.7%
Dec 2023	5.5%
Nov 2023	7.7%
Oct 2023	9.6%
Sep 2023	12.2%
Aug 2023	14.2%
Jul 2023	17.5%
Jun 2023	19.9%
May 2023	21.9%
Apr 2023	24.4%
Mar 2023	25.6%
Feb 2023	25.8%
Jan 2023	26.2%
Dec 2022	25.0%
Nov 2022	23.1%
Oct 2022	21.9%
Sep 2022	20.7%
Aug 2022	18.6%
Jul 2022	14.7%
Jun 2022	12.6%
May 2022	10.8%
Apr 2022	9.6%
Mar 2022	8.6%
Feb 2022	8.4%
Jan 2022	7.9%
Dec 2021	7.4%
Nov 2021	7.5%
Oct 2021	6.6%
Sep 2021	5.6%
Aug 2021	4.9%

Period	%
Jul 2026	0.0%
Jun 2026	0.0%
May 2026	0.0%
Apr 2026	0.5%
Mar 2026	0.5%
Feb 2026	0.0%
Jan 2026	0.6%
Dec 2025	0.1%
Nov 2025	0.0%
Oct 2025	0.0%
Sep 2025	-0.2%
Aug 2025	0.0%
Jul 2025	0.4%
Jun 2025	0.2%
May 2025	0.2%
Apr 2025	0.1%
Mar 2025	0.0%
Feb 2025	0.7%
Jan 2025	1.5%
Dec 2024	0.5%
Nov 2024	0.5%
Oct 2024	0.1%
Sep 2024	-0.2%
Aug 2024	0.1%
Jul 2024	0.8%
Jun 2024	0.0%
May 2024	0.0%
Apr 2024	0.7%
Mar 2024	0.8%
Feb 2024	0.7%
Jan 2024	0.7%
Dec 2023	-0.3%
Nov 2023	0.0%
Oct 2023	-0.2%
Sep 2023	0.1%
Aug 2023	0.8%
Jul 2023	0.4%
Jun 2023	0.3%
May 2023	-0.4%
Apr 2023	0.7%
Mar 2023	0.8%
Feb 2023	0.8%
Jan 2023	2.4%
Dec 2022	1.8%
Nov 2022	1.7%
Oct 2022	2.1%
Sep 2022	1.8%
Aug 2022	3.7%
Jul 2022	2.4%
Jun 2022	2.0%
May 2022	1.7%
Apr 2022	1.7%
Mar 2022	1.0%
Feb 2022	1.1%
Jan 2022	1.4%
Dec 2021	0.3%
Nov 2021	0.7%
Oct 2021	1.1%
Sep 2021	0.1%
Aug 2021	0.2%

About this indicator

Source	Hungarian Central Statistical Office
Frequency	Mensual
Release	En torno a mediados del mes siguiente al periodo de referencia (suele haber un dato preliminar y otro definitivo).
What it is	Hungary's Harmonised Index of Consumer Prices (HICP): measures inflation using Eurostat's common methodology to allow comparison across the EU. It is published by the Hungarian Central Statistical Office (KSH).
How it's calculated	It is compiled from a basket of goods and services weighted by household spending, using the harmonised COICOP classification and a common base year. It is reported as an annual (YoY) and monthly (MoM) rate of change.
Market implications	Hungary is outside the euro, so inflation is the National Bank of Hungary's (MNB) main reference for setting rates. In a country with a history of high inflation, a hot print tends to support the forint and expectations of higher rates, while a soft one opens the door to cuts.
Limitations	Being harmonised, it can differ from Hungary's national CPI. For the underlying trend, watch core inflation, which excludes the more volatile energy and unprocessed food.