Inflation Hungary 2005

Average inflation: 3.6%

Current Inflation

Inflation is high at 3.6%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 4.1%. The lowest inflation was in February at 3.2%.

Highest month
January: 4.1%
Lowest month
February: 3.2%
Difference
0.9 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 1.7%. The lowest price increase was in Food and non-alcoholic beverages with an average of 1.7%.

Highest increase
Food and non-alcoholic beverages: 1.7%
Lowest increase
Food and non-alcoholic beverages: 1.7%

Historical Context

Current inflation is 2.3% lower than the 5-year average of 5.9%. This approaches the lowest level since records began (3.6% in 2005).

5-year average
5.9%
10-year average
10.6%
All-time high (1991)
34.9%
All-time low (2005)
3.6%

Trend

Inflation shows a downward trend. Compared to 2004, inflation has fallen by +3.2 percentage point.

Change vs. previous year
-3.2 percentage points
Largest monthly swing
May: -4.0 percentage points

ECB Target

Inflation is 1.6% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2005

Inflation by category

Food and non-alcoholic beverages
1.7%
-1.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2004
January 4.1% -2.5
February 3.2% -3.9
March 3.5% -3.2
April 3.9% -3.0
May 3.6% -4.0
June 3.8% -3.7
July 3.7% -3.5
August 3.6% -3.6
September 3.7% -2.9
October 3.2% -3.1
November 3.3% -2.5
December 3.3% -2.2
Average 3.6%

Data source

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

See also