Inflation Hungary 2001

Average inflation: 9.2%

Inflation in 2001

Inflation is very high at 9.2%, far above the ECB target.

Peak and Trough

The highest inflation was in May at 10.8%. The lowest inflation was in December at 6.8%.

Highest month
May: 10.8%
Lowest month
December: 6.8%
Difference
4.0 percentage points
Months with data
12 of 12

Historical Context

Inflation is 3.1 percentage points lower than the 5-year average of 12.3%. This approaches the lowest level since records began (9.2% in 2001).

5-year average
12.3%
10-year average
17.8%
All-time high (1991)
34.9%
All-time low (2001)
9.2%

Trend

Over the period 1999-2001, inflation has remained relatively stable. Compared to 2000, inflation has fallen by 0.6 percentage points.

Change vs. previous year
-0.6 percentage points
Largest monthly swing
November: -3.5 percentage points

ECB Target

Inflation is 7.2 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 109 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Food and non-alcoholic beverages
13.7%
+4.5 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2000
January 10.1% +0.1
February 10.4% +0.6
March 10.5% +0.9
April 10.3% +1.1
May 10.8% +1.7
June 10.5% +1.4
July 9.4% -0.2
August 8.7% -0.9
September 8.0% -2.3
October 7.6% -2.8
November 7.1% -3.5
December 6.8% -3.3
Average 9.2%

Data source

Data from OECD. Last updated: 17/12/2025.

See also