Inflation Hungary 2025

Average inflation: 4.4%

Current Inflation

Inflation is high at 4.4%, well above the ECB target.

Peak and Trough

The highest inflation was in February at 5.6%. The lowest inflation was in December at 3.3%.

Highest month
February: 5.6%
Lowest month
December: 3.3%
Difference
2.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Restaurants and hotels with an average of 8.3%. The lowest price increase was in Transport with an average of 1.0%.

Highest increase
Restaurants and hotels: 8.3%
Lowest increase
Transport: 1.0%

Historical Context

Current inflation is 4.7% lower than the 5-year average of 9.1%.

5-year average
9.1%
10-year average
5.8%
All-time high (2023)
17.6%
All-time low (2014)
-0.2%

Trend

Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.7 percentage point.

Change vs. previous year
+0.7 percentage points
Largest monthly swing
February: +1.9 percentage points

ECB Target

Inflation is 2.4% 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 €104.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2025

Inflation by category

Food and non-alcoholic beverages
3.9%
-0.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
6.4%
+2.0vs avg.
More details →
Clothing and footwear
2.1%
-2.3vs avg.
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Housing, water, electricity, gas and other fuels
6.2%
+1.8vs avg.
More details →
Furnishings, household equipment and maintenance
2.0%
-2.4vs avg.
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Health
6.4%
+2.0vs avg.
More details →
Transport
1.0%
-3.5vs avg.
More details →
Communication
5.8%
+1.4vs avg.
More details →
Recreation and culture
3.8%
-0.6vs avg.
More details →
Education
6.6%
+2.2vs avg.
More details →
Restaurants and hotels
8.3%
+3.9vs avg.
More details →
Miscellaneous goods and services
5.2%
+0.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2024
January 5.5% +1.7
February 5.6% +1.9
March 4.7% +1.1
April 4.2% +0.5
May 4.4% +0.4
June 4.6% +0.9
July 4.3% +0.2
August 4.3% +0.9
September 4.3% +1.3
October 4.3% +1.1
November 3.8% +0.1
December 3.3% -1.3
Average 4.4%

Data source

Data from OECD. Last updated: 15/01/2026.

See also