Inflation Hungary 2017
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in February at 2.9%. The lowest inflation was in June at 1.9%.
- Highest month
- February: 2.9%
- Lowest month
- June: 1.9%
- Difference
- 1.0 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 5.1%. The lowest price increase was in Communication with an average of -3.0%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 5.1%
- Lowest increase
- Communication: -3.0%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 2.9%
- All-time high (1998)
- 14.3%
- All-time low (2014)
- -0.2%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +1.9 percentage point.
- Change vs. previous year
- +1.9 percentage points
- Largest monthly swing
- March: +2.9 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 2.3% | +1.4 |
| February | 2.9% | +2.6 |
| March | 2.7% | +2.9 |
| April | 2.2% | +2.0 |
| May | 2.1% | +2.3 |
| June | 1.9% | +2.1 |
| July | 2.1% | +2.4 |
| August | 2.6% | +2.7 |
| September | 2.5% | +1.9 |
| October | 2.2% | +1.2 |
| November | 2.5% | +1.4 |
| December | 2.1% | +0.3 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 11/01/2026.