Inflation Hungary 1992

Average inflation: 23.7%

Inflation in 1992

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

Historical Context

Inflation is 5.6 percentage points 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

Over the period 1991-1992, inflation shows a downward trend. Compared to 1991, inflation has fallen by 11.2 percentage points.

Change vs. previous year
-11.2 percentage points
Largest monthly swing
July: -18.7 percentage points

ECB Target

Inflation is 21.7 percentage points 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 HUF 100 this year will cost approximately HUF 124 next year at this inflation rate.

Multi-year trend

Monthly figures 1992

Inflation by category

Food and non-alcoholic beverages
20.4%
-3.3 vs avg.

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.

See also