Inflation Hungary 1991

Average inflation: 34.9%

Current Inflation

Inflation is very high at 34.9%, far above the ECB target.

Peak and Trough

The highest inflation was in June at 38.6%. The lowest inflation was in December at 32.2%.

Highest month
June: 38.6%
Lowest month
December: 32.2%
Difference
6.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 20.9%. The lowest price increase was in Food and non-alcoholic beverages with an average of 20.9%.

Highest increase
Food and non-alcoholic beverages: 20.9%
Lowest increase
Food and non-alcoholic beverages: 20.9%

Historical Context

Current inflation is around the 5-year average of 34.9%. This approaches the highest level since records began (34.9% in 1991).

5-year average
34.9%
10-year average
34.9%
All-time high (1991)
34.9%
All-time low (1991)
34.9%

Trend

ECB Target

Inflation is 32.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €134.90 next year at this inflation rate.

Multi-year trend

Monthly figures 1991

Inflation by category

Food and non-alcoholic beverages
20.9%
-14.0vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation
January 34.1%
February 33.2%
March 34.3%
April 35.8%
May 36.9%
June 38.6%
July 38.2%
August 34.2%
September 34.0%
October 33.9%
November 32.8%
December 32.2%
Average 34.9%

Data source

Data from OECD. Last updated: 17/12/2025.

See also