According to data from the first quarter of 2026 household savings survey by the National Bank of Hungary (MNB), both households’ perception of inflation and their inflation expectations have declined significantly. A large proportion of households plan to save in the coming year. The latest round of the central bank’s quarterly data collection program was […]
As a result of the war in the Middle East and the resulting surge in energy prices, the National Bank of Hungary (MNB) has significantly revised downward its outlook for the Hungarian economy. According to the latest forecasts, GDP growth will be much lower than previously expected, while inflation will accelerate noticeably. MNB projects that […]
Consumer prices in Hungary rose by 1.4% year-on-year in February 2026, according to a new flash analysis by the National Bank of Hungary (MNB) of inflation development. Relative to the 2.1% observed in January, the annual growth rate of prices was down by 0.7 percentage points. Core inflation decreased to 0.6 percentage points and stood […]
Hungary's annualised consumer price index fell to 1.4% in February from 2.1% in the previous month, according to data released by the Central Statistical Office (KSH) on Tuesday show. Food prices edged up 0.2%, but fell 3.2% excluding the price of eating out. Margarine prices dropped 32.3%, the price of milk declined 17.0% and flour […]
The Hungarian government has decided to extend mandatory caps on a range of food and non-food products by three months until the end of May, the Ministry of National Economy said in a statement. The government rolled out a 10% cap on markups for the food products and a 15% cap on the non-food products […]
Hungary's annualized consumer price index fell to 2.1% in January from 3.3% in the previous month, data released by the Central Statistical Office (KSH) on Thursday show. Food prices edged up 1.3%, but fell 2.0% excluding the price of eating out. Margarine prices dropped 29.4%, the price of dairy products declined 17.9% and flour prices […]
Consumer prices rose by 3.3% year-on-year in December 2025. Relative to the 3.8% observed in November, the annual growth rate of prices fell by 0.5 percentage points, the National Bank of Hungary says on it website Standing at 3.8%, core inflation fell by 0.3 percentage point. Core inflation excluding indirect tax effects fell to 3.6%. […]
Hungary’s central bank is preparing the public for an inflation path far gentler than it had forecast just a few months ago. In its newly released quarterly Inflation Report, the Magyar Nemzeti Bank (MNB) says it now expects significantly slower price growth in 2026, helped by falling global food prices, easing energy costs, and a […]
Hungary's annualized consumer price index stood at 3.8% in November, down from 4.3% in October, according to data released by the Central Statistics Office (KSH) on Tuesday show. Food prices rose 3.2%, but increased just 0.6% excluding the price of eating out. The price of eggs jumped 11.2% and cooking oil prices climbed 10.1%, but […]
Hungarians’ financial confidence has taken a sharp turn in recent months, according to the latest Provident Barometer survey. The study, conducted by Ipsos on behalf of Provident Financial, reveals a growing fear of financial insecurity in retirement and a notable decline in short-term economic expectations. Since the summer, the share of respondents who worry their […]
Hungary's annualized consumer price index stood at 4.3% in October, level with the rate in the previous month, according to data released by the Central Statistics Office (KSH) on Tuesday and quoted by MTI. Food prices rose 3.9%, but increased just 1.7% excluding the price of eating out. The price of eggs jumped 20.2% and […]
Hungary’s central bank will wait for inflation to decline in a sustainable manner before cutting interest rates. Policy makers are under growing pressure from the government to lower borrowing costs. Hungary’s central bank will wait for inflation to decline in a sustainable manner before cutting interest rates. Policy makers are under growing pressure from the […]
Consumer prices were 4.3% higher on average in Hungary in September 2025 than a year earlier. Compared to August, prices were unchanged on average, according to the country's Central Statistical Office. Food prices rose 4.7%, but increased just 3.0% excluding the price of eating out. The price of eggs jumped 18.2% and cooking oil prices […]
Consumer prices were 4.3% higher on average in August 2025 than a year earlier, the Central Statistical Office reports. Compared to July, prices were unchanged on average. In 12 months, compared to August 2024:A price increase of 5.9% (4.7% excluding food and beverage serving services) was recorded for food, within which 19.9% for eggs, 18.5% […]
Consumer prices were 4.3% higher on average in July 2025 than a year earlier, while compared to June, prices were 0.4% higher on average, according to the country's Central Statistical Office (KSH). In 12 months, compared to July 2024:A price increase of 5.9% (4.6% excluding food and beverage serving services) was recorded for food, within […]
