Inflation Hungary 1996
Average inflation: 23.6%
Inflation in 1996
Inflation is very high at 23.6%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 28.9%. The lowest inflation was in December at 19.8%.
- Highest month
- January: 28.9%
- Lowest month
- December: 19.8%
- Difference
- 9.1 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is around the 5-year average of 23.4%.
- 5-year average
- 23.4%
- 10-year average
- 25.3%
- All-time high (1991)
- 34.9%
- All-time low (1994)
- 18.8%
Trend
Over the period 1994-1996, inflation shows an upward trend. Compared to 1995, inflation has fallen by 4.6 percentage points.
- Change vs. previous year
- -4.6 percentage points
- Largest monthly swing
- November: -8.5 percentage points
ECB Target
Inflation is 21.6 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 1996
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| January | 28.9% | +6.8 |
| February | 28.3% | +4.5 |
| March | 25.7% | -1.8 |
| April | 24.4% | -4.8 |
| May | 23.9% | -6.9 |
| June | 23.6% | -7.4 |
| July | 22.9% | -7.6 |
| August | 22.9% | -6.3 |
| September | 22.2% | -6.6 |
| October | 21.0% | -8.0 |
| November | 20.1% | -8.5 |
| December | 19.8% | -8.5 |
| Average | 23.6% |
Data source
Data from OECD. Last updated: 17/12/2025.