Inflation Hungary 2012

Average inflation: 5.7%

Current Inflation

Inflation is very high at 5.7%, far above the ECB target.

Peak and Trough

The highest inflation was in September at 6.6%. The lowest inflation was in December at 5.0%.

Highest month
September: 6.6%
Lowest month
December: 5.0%
Difference
1.6 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 14.6%. The lowest price increase was in Recreation and culture with an average of 1.4%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 14.6%
Lowest increase
Recreation and culture: 1.4%

Historical Context

Current inflation is 0.7% higher than the 5-year average of 5.0%.

5-year average
5%
10-year average
5.2%
All-time high (1995)
28.2%
All-time low (2005)
3.6%

Trend

Inflation has remained relatively stable. Compared to 2011, the difference is minimal (+1.8 percentage point).

Change vs. previous year
+1.8 percentage points
Largest monthly swing
September: +3.0 percentage points

ECB Target

Inflation is 3.7% 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 €105.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Inflation by category

Food and non-alcoholic beverages
6.0%
+0.3vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
14.6%
+8.9vs avg.
More details →
Clothing and footwear
2.5%
-3.2vs avg.
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Housing, water, electricity, gas and other fuels
5.8%
+0.1vs avg.
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Furnishings, household equipment and maintenance
3.4%
-2.3vs avg.
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Health
3.6%
-2.1vs avg.
More details →
Transport
6.1%
+0.4vs avg.
More details →
Communication
4.6%
-1.1vs avg.
More details →
Recreation and culture
1.4%
-4.3vs avg.
More details →
Education
1.8%
-3.9vs avg.
More details →
Restaurants and hotels
4.6%
-1.1vs avg.
More details →
Miscellaneous goods and services
6.6%
+0.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2011
January 5.5% +1.5
February 5.9% +1.8
March 5.5% +1.0
April 5.7% +1.0
May 5.3% +1.4
June 5.6% +2.1
July 5.8% +2.7
August 6.0% +2.4
September 6.6% +3.0
October 6.0% +2.1
November 5.2% +0.9
December 5.0% +0.9
Average 5.7%

Data source

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

See also