Inflation Hungary 1992
Average inflation: 23.7%
Current Inflation
Inflation is very high at 23.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 28.2%. The lowest inflation was in July at 19.5%.
- Highest month
- January: 28.2%
- Lowest month
- July: 19.5%
- Difference
- 8.7 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 20.4%. The lowest price increase was in Food and non-alcoholic beverages with an average of 20.4%.
- Highest increase
- Food and non-alcoholic beverages: 20.4%
- Lowest increase
- Food and non-alcoholic beverages: 20.4%
Historical Context
Current inflation is 5.6% lower than the 5-year average of 29.3%. This approaches the lowest level since records began (23.7% in 1992).
- 5-year average
- 29.3%
- 10-year average
- 29.3%
- All-time high (1991)
- 34.9%
- All-time low (1992)
- 23.7%
Trend
Inflation shows a downward trend. Compared to 1991, inflation has fallen by +11.2 percentage point.
- Change vs. previous year
- -11.2 percentage points
- Largest monthly swing
- July: -18.7 percentage points
ECB Target
Inflation is 21.7% 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 €123.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1992
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1991 |
|---|---|---|
| January | 28.2% | -5.9 |
| February | 26.3% | -6.9 |
| March | 24.8% | -9.5 |
| April | 22.5% | -13.3 |
| May | 23.2% | -13.7 |
| June | 22.6% | -16.0 |
| July | 19.5% | -18.7 |
| August | 21.4% | -12.8 |
| September | 22.3% | -11.7 |
| October | 23.8% | -10.1 |
| November | 24.5% | -8.3 |
| December | 25.6% | -6.6 |
| Average | 23.7% |
Data source
Data from OECD. Last updated: 17/12/2025.