Inflation Hungary 2018
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in October at 3.8%. The lowest inflation was in February at 1.9%.
- Highest month
- October: 3.8%
- Lowest month
- February: 1.9%
- Difference
- 1.9 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 6.1%. The lowest price increase was in Communication with an average of -5.6%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 6.1%
- Lowest increase
- Communication: -5.6%
Historical Context
Current inflation is 1.8% higher than the 5-year average of 1.1%.
- 5-year average
- 1.1%
- 10-year average
- 2.6%
- All-time high (1999)
- 10%
- All-time low (2014)
- -0.2%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +0.6 percentage point.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- October: +1.6 percentage points
ECB Target
Inflation is 0.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
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 €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 2.1% | -0.2 |
| February | 1.9% | -1.0 |
| March | 2.0% | -0.7 |
| April | 2.3% | +0.1 |
| May | 2.8% | +0.7 |
| June | 3.1% | +1.2 |
| July | 3.4% | +1.3 |
| August | 3.4% | +0.8 |
| September | 3.6% | +1.1 |
| October | 3.8% | +1.6 |
| November | 3.1% | +0.6 |
| December | 2.7% | +0.6 |
| Average | 2.9% |
Data source
Data from OECD. Last updated: 11/01/2026.