Inflation Hungary 2012
Average inflation: 5.7%
Inflation in 2012
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
Inflation is 0.7 percentage points 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
Over the period 2010-2012, inflation has remained relatively stable. Compared to 2011, inflation has risen by 1.8 percentage points.
- Change vs. previous year
- +1.8 percentage points
- Largest monthly swing
- September: +3.0 percentage points
ECB Target
Inflation is 3.7 percentage points 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 HUF 100 this year will cost approximately HUF 106 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
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: 13/01/2026.