Inflation Hungary 2007

Average inflation: 8.0%

Current Inflation

Inflation is very high at 8.0%, far above the ECB target.

Peak and Trough

The highest inflation was in March at 9.0%. The lowest inflation was in September at 6.4%.

Highest month
March: 9.0%
Lowest month
September: 6.4%
Difference
2.6 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 12.0%. The lowest price increase was in Food and non-alcoholic beverages with an average of 12.0%.

Highest increase
Food and non-alcoholic beverages: 12.0%
Lowest increase
Food and non-alcoholic beverages: 12.0%

Historical Context

Current inflation is 2.6% higher than the 5-year average of 5.4%.

5-year average
5.4%
10-year average
7.6%
All-time high (1991)
34.9%
All-time low (2005)
3.6%

Trend

Inflation shows an upward trend. Compared to 2006, inflation has risen by +4.1 percentage point.

Change vs. previous year
+4.1 percentage points
Largest monthly swing
March: +6.7 percentage points

ECB Target

Inflation is 6.0% 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 €108.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2007

Inflation by category

Food and non-alcoholic beverages
12.0%
+4.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2006
January 7.8% +5.1
February 8.8% +6.3
March 9.0% +6.7
April 8.8% +6.5
May 8.5% +5.7
June 8.6% +5.8
July 8.4% +5.4
August 8.3% +4.8
September 6.4% +0.5
October 6.7% +0.4
November 7.1% +0.7
December 7.4% +0.9
Average 8.0%

Data source

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

See also