Inflation Hungary 2014

Average inflation: -0.2%

Current Inflation

There is deflation with consumer prices declining by 0.2%.

Peak and Trough

The highest inflation was in August at 0.2%. The lowest inflation was in December at -0.9%.

Highest month
August: 0.2%
Lowest month
December: -0.9%
Difference
1.1 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 6.9%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -8.4%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 6.9%
Lowest increase
Housing, water, electricity, gas and other fuels: -8.4%

Historical Context

Current inflation is 3.4% lower than the 5-year average of 3.2%.

5-year average
3.2%
10-year average
4.2%
All-time high (1995)
28.2%
All-time low (2014)
-0.2%

Trend

Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.9 percentage point.

Change vs. previous year
-1.9 percentage points
Largest monthly swing
January: -3.7 percentage points

ECB Target

Inflation is 2.2% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
-0.8%
-0.6vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
6.9%
+7.1vs avg.
More details →
Clothing and footwear
-0.6%
-0.4vs avg.
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Housing, water, electricity, gas and other fuels
-8.4%
-8.2vs avg.
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Furnishings, household equipment and maintenance
-0.1%
+0.1vs avg.
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Health
3.3%
+3.5vs avg.
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Transport
-0.4%
-0.2vs avg.
More details →
Communication
0.8%
+1.0vs avg.
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Recreation and culture
0.3%
+0.5vs avg.
More details →
Education
3.6%
+3.8vs avg.
More details →
Restaurants and hotels
2.4%
+2.6vs avg.
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Miscellaneous goods and services
4.2%
+4.4vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 0.0% -3.7
February 0.1% -2.7
March 0.1% -2.1
April -0.1% -1.8
May -0.1% -1.9
June -0.3% -2.2
July 0.1% -1.7
August 0.2% -1.1
September -0.5% -1.9
October -0.4% -1.3
November -0.7% -1.6
December -0.9% -1.3
Average -0.2%

Data source

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

See also