Inflation Hungary 2016
Average inflation: 0.4%
Current Inflation
Inflation is very low at 0.4%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 1.8%. The lowest inflation was in July at -0.3%.
- Highest month
- December: 1.8%
- Lowest month
- July: -0.3%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 2.7%. The lowest price increase was in Transport with an average of -3.0%.
- Highest increase
- Restaurants and hotels: 2.7%
- Lowest increase
- Transport: -3.0%
Historical Context
Current inflation is 1.1% lower than the 5-year average of 1.5%.
- 5-year average
- 1.5%
- 10-year average
- 3.5%
- All-time high (1997)
- 18.3%
- All-time low (2014)
- -0.2%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.5 percentage point).
- Change vs. previous year
- +0.5 percentage points
- Largest monthly swing
- January: +2.3 percentage points
ECB Target
Inflation is 1.6% 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 €100.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 0.9% | +2.3 |
| February | 0.3% | +1.3 |
| March | -0.2% | +0.4 |
| April | 0.2% | +0.5 |
| May | -0.2% | -0.7 |
| June | -0.2% | -0.8 |
| July | -0.3% | -0.7 |
| August | -0.1% | -0.1 |
| September | 0.6% | +1.0 |
| October | 1.0% | +0.9 |
| November | 1.1% | +0.6 |
| December | 1.8% | +0.9 |
| Average | 0.4% |
Data source
Data from OECD. Last updated: 13/01/2026.