Inflation Hungary 1993
Average inflation: 22.5%
Current Inflation
Inflation is very high at 22.5%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 25.9%. The lowest inflation was in November at 20.8%.
- Highest month
- January: 25.9%
- Lowest month
- November: 20.8%
- Difference
- 5.1 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 29.5%. The lowest price increase was in Food and non-alcoholic beverages with an average of 29.5%.
- Highest increase
- Food and non-alcoholic beverages: 29.5%
- Lowest increase
- Food and non-alcoholic beverages: 29.5%
Historical Context
Current inflation is 4.5% lower than the 5-year average of 27.0%. This approaches the lowest level since records began (22.5% in 1993).
- 5-year average
- 27%
- 10-year average
- 27%
- All-time high (1991)
- 34.9%
- All-time low (1993)
- 22.5%
Trend
Inflation shows a downward trend. Compared to 1992, inflation has fallen by +1.2 percentage point.
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- December: -4.5 percentage points
ECB Target
Inflation is 20.5% 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 €122.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 25.9% | -2.3 |
| February | 24.7% | -1.6 |
| March | 23.4% | -1.4 |
| April | 22.9% | +0.4 |
| May | 21.4% | -1.8 |
| June | 21.1% | -1.5 |
| July | 21.4% | +1.9 |
| August | 22.5% | +1.1 |
| September | 23.1% | +0.8 |
| October | 22.0% | -1.8 |
| November | 20.8% | -3.7 |
| December | 21.1% | -4.5 |
| Average | 22.5% |
Data source
Data from OECD. Last updated: 17/12/2025.