Inflation Hungary 2011

Average inflation: 3.9%

Current Inflation

Inflation is high at 3.9%, well above the ECB target.

Peak and Trough

The highest inflation was in April at 4.7%. The lowest inflation was in July at 3.1%.

Highest month
April: 4.7%
Lowest month
July: 3.1%
Difference
1.6 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 7.2%. The lowest price increase was in Education with an average of -0.3%.

Highest increase
Food and non-alcoholic beverages: 7.2%
Lowest increase
Education: -0.3%

Historical Context

Current inflation is 1.5% lower than the 5-year average of 5.4%. This approaches the lowest level since records began (3.6% in 2005).

5-year average
5.4%
10-year average
5.1%
All-time high (1995)
28.2%
All-time low (2005)
3.6%

Trend

Inflation has remained relatively stable. Compared to 2010, the difference is minimal (-1.0 percentage point).

Change vs. previous year
-1.0 percentage points
Largest monthly swing
January: -2.4 percentage points

ECB Target

Inflation is 1.9% 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 €103.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food and non-alcoholic beverages
7.2%
+3.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.2%
-3.7vs avg.
More details →
Clothing and footwear
3.0%
-0.9vs avg.
More details →
Housing, water, electricity, gas and other fuels
4.6%
+0.7vs avg.
More details →
Furnishings, household equipment and maintenance
0.3%
-3.6vs avg.
More details →
Health
2.9%
-1.0vs avg.
More details →
Transport
7.1%
+3.2vs avg.
More details →
Communication
0.6%
-3.3vs avg.
More details →
Recreation and culture
0.6%
-3.3vs avg.
More details →
Education
-0.3%
-4.2vs avg.
More details →
Restaurants and hotels
2.6%
-1.3vs avg.
More details →
Miscellaneous goods and services
0.9%
-3.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2010
January 4.0% -2.4
February 4.1% -1.6
March 4.5% -1.4
April 4.7% -1.0
May 3.9% -1.2
June 3.5% -1.8
July 3.1% -0.9
August 3.6% -0.1
September 3.6% -0.2
October 3.9% -0.3
November 4.3% +0.1
December 4.1% -0.6
Average 3.9%

Data source

Data from OECD. Last updated: 13/01/2026.

See also