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Hungary Annual Inflation Rate

Hungary's annual inflation rate fell to 3.7% in 2024, down from 17.12% in 2023, according to World Bank. This represents a decrease of 13.42% from the previous year. Hungary has annual inflation rate higher than the global median (3.70% vs median 3.16%). Compared with the median in Europe, Hungary is higher (3.70% vs regional median 2.76%) and ranks 10th out of 43 countries in Europe.

Yearly Historical Data (1973-2024)

(in %)
Year Annual Inflation Rate (%)
2024 3.7%
2023 17.12%
2022 14.61%
2021 5.11%
2020 3.33%
2019 3.34%
2018 2.85%
2017 2.35%
2016 0.39%
2015 -0.06%
2014 -0.23%
2013 1.73%
2012 5.65%
2011 3.93%
2010 4.86%
2009 4.21%
2008 6.04%
2007 7.96%
2006 3.93%
2005 3.56%
2004 6.74%
2003 4.66%
2002 5.27%
2001 9.12%
2000 9.8%
1999 10%
1998 14.15%
1997 18.31%
1996 23.47%
1995 28.31%
1994 18.87%
1993 22.46%
1992 23.66%
1991 34.82%
1990 28.37%
1989 17.15%
1988 15.72%
1987 8.67%
1986 5.29%
1985 6.94%
1984 8.47%
1983 7.28%
1982 6.84%
1981 4.66%
1980 9.29%
1979 8.98%
1978 4.69%
1977 3.91%
1976 5.23%
1975 3.84%
1974 1.8%
1973 3.39%
Hungary Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Hungary.
Indicator Last Value Prior Value Period
Core Inflation Rate 3.9% 3.9% Sep'25
Inflation Rate 4.3% 4.3% Sep'25
Inflation Rate MoM 0% 0% Sep'25
Producer Price Index (PPI) 2.3% 4.5% Aug'25