Inflation Hungary 1999
Average inflation: 10.0%
Inflation in 1999
Inflation is very high at 10.0%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 11.2%. The lowest inflation was in May at 8.9%.
- Highest month
- December: 11.2%
- Lowest month
- May: 8.9%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 8.9 percentage points lower than the 5-year average of 18.9%. This approaches the lowest level since records began (10.0% in 1999).
- 5-year average
- 18.9%
- 10-year average
- 21.6%
- All-time high (1991)
- 34.9%
- All-time low (1999)
- 10%
Trend
Over the period 1997-1999, inflation shows a downward trend. Compared to 1998, inflation has fallen by 4.3 percentage points.
- Change vs. previous year
- -4.3 percentage points
- Largest monthly swing
- January: -7.9 percentage points
ECB Target
Inflation is 8.0 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 110 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 9.8% | -7.9 |
| February | 9.4% | -7.7 |
| March | 9.3% | -7.1 |
| April | 9.4% | -6.6 |
| May | 8.9% | -6.9 |
| June | 9.1% | -5.0 |
| July | 10.1% | -4.0 |
| August | 10.9% | -2.6 |
| September | 10.9% | -1.6 |
| October | 10.5% | -1.8 |
| November | 10.6% | -0.6 |
| December | 11.2% | +0.9 |
| Average | 10.0% |
Data source
Data from OECD. Last updated: 17/12/2025.