Inflation Hungary 2013

Average inflation: 1.7%

Current Inflation

Inflation is low at 1.7%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 3.7%. The lowest inflation was in December at 0.4%.

Highest month
January: 3.7%
Lowest month
December: 0.4%
Difference
3.3 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 12.4%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -5.3%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 12.4%
Lowest increase
Housing, water, electricity, gas and other fuels: -5.3%

Historical Context

Current inflation is 2.4% lower than the 5-year average of 4.1%. This approaches the lowest level since records began (1.7% in 2013).

5-year average
4.1%
10-year average
4.9%
All-time high (1995)
28.2%
All-time low (2013)
1.7%

Trend

Inflation shows a downward trend. Compared to 2012, inflation has fallen by +4.0 percentage point.

Change vs. previous year
-4.0 percentage points
Largest monthly swing
September: -5.2 percentage points

ECB Target

Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Inflation by category

Food and non-alcoholic beverages
2.6%
+0.9vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
12.4%
+10.7vs avg.
More details →
Clothing and footwear
-0.4%
-2.1vs avg.
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Housing, water, electricity, gas and other fuels
-5.3%
-7.0vs avg.
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Furnishings, household equipment and maintenance
0.9%
-0.8vs avg.
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Health
3.4%
+1.7vs avg.
More details →
Transport
-0.1%
-1.8vs avg.
More details →
Communication
2.0%
+0.3vs avg.
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Recreation and culture
0.7%
-1.0vs avg.
More details →
Education
3.1%
+1.4vs avg.
More details →
Restaurants and hotels
3.1%
+1.4vs avg.
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Miscellaneous goods and services
7.9%
+6.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2012
January 3.7% -1.8
February 2.8% -3.1
March 2.2% -3.3
April 1.7% -4.0
May 1.8% -3.5
June 1.9% -3.7
July 1.8% -4.0
August 1.3% -4.7
September 1.4% -5.2
October 0.9% -5.1
November 0.9% -4.3
December 0.4% -4.6
Average 1.7%

Data source

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

See also