Inflation Hungary 2009

Average inflation: 4.2%

Current Inflation

Inflation is high at 4.2%, well above the ECB target.

Peak and Trough

The highest inflation was in December at 5.6%. The lowest inflation was in March at 2.9%.

Highest month
December: 5.6%
Lowest month
March: 2.9%
Difference
2.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 7.8%. The lowest price increase was in Transport with an average of 0.6%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 7.8%
Lowest increase
Transport: 0.6%

Historical Context

Current inflation is 1.0% lower than the 5-year average of 5.2%.

5-year average
5.2%
10-year average
6.2%
All-time high (1991)
34.9%
All-time low (2005)
3.6%

Trend

Inflation shows a downward trend. Compared to 2008, inflation has fallen by +1.9 percentage point.

Change vs. previous year
-1.9 percentage points
Largest monthly swing
January: -4.0 percentage points

ECB Target

Inflation is 2.2% 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 €104.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Inflation by category

Food and non-alcoholic beverages
3.9%
-0.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
7.8%
+3.6vs avg.
More details →
Clothing and footwear
0.7%
-3.5vs avg.
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Housing, water, electricity, gas and other fuels
7.7%
+3.5vs avg.
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Furnishings, household equipment and maintenance
3.3%
-0.9vs avg.
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Health
3.4%
-0.8vs avg.
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Transport
0.6%
-3.6vs avg.
More details →
Communication
1.0%
-3.2vs avg.
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Recreation and culture
3.1%
-1.1vs avg.
More details →
Education
0.6%
-3.6vs avg.
More details →
Restaurants and hotels
6.2%
+2.0vs avg.
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Miscellaneous goods and services
4.5%
+0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2008
January 3.1% -4.0
February 3.0% -3.9
March 2.9% -3.8
April 3.4% -3.2
May 3.8% -3.2
June 3.7% -3.0
July 5.1% -1.6
August 5.0% -1.5
September 4.9% -0.8
October 4.7% -0.4
November 5.2% +1.0
December 5.6% +2.1
Average 4.2%

Data source

Data from OECD. Last updated: 11/01/2026.

See also