Monthly inflation · Hungary

Hungary Inflation Rate MoM

The Hungary Inflation Rate MoM is the change in consumer prices in Hungary from the previous month (or quarter).

Importance
Low
Released
Monthly
Next release
Currency
HUF · Hungarian forint
Central bank
The Magyar Nemzeti Bank
Moves
EURHUF# · USDHUF

Latest figures

The latest release for SEP, published on 7 October 2026, came in at 0.2%, unchanged from 0.2% the time before.

Over the last 12 releases it ranged from -0.1% to 0.4%, averaging 0.1%.

Nov 2025: 0.0%Dec 2025: 0.1%Jan 2026: 0.1%Feb 2026: 0.3%Mar 2026: 0.1%Apr 2026: 0.4%May 2026: 0.4%Jun 2026: 0%Jul 2026: 0%Aug 2026: -0.1%Sep 2026: 0.2%Oct 2026: 0.2% Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
7 Oct 2026SEP0.2%–0.2%
8 Sep 2026AUG0.2%–-0.1%
7 Aug 2026JUL-0.1%–0%
7 Jul 2026JUN0%–0%
9 Jun 2026MAY0%–0.4%
8 May 2026APR0.4%–0.4%
8 Apr 2026MAR0.4%–0.1%
10 Mar 2026FEB0.1%–0.3%
12 Feb 2026JAN0.3%–0.1%
13 Jan 2026DEC0.1%–0.1%
9 Dec 2025NOV0.1%–0.0%
11 Nov 2025OCT0.0%–0.0%

See it in the economic calendar →

Why it matters

The monthly change is the freshest reading of price pressure: the yearly rate is the sum of the last twelve monthly changes, so today's monthly figure tells you where the yearly rate is heading.

How it is calculated

the Hungarian Central Statistical Office (KSH) prices a fixed basket of goods and services across the country and compares the index with the previous period. Seasonal patterns (sales, holidays) make raw monthly figures jumpy; some countries also publish seasonally adjusted numbers.

Monthly inflation = index(this month) ÷ index(last month) − 1
Annualised ≈ (1 + monthly)¹² − 1

What changes mean

  • Compare with the same month in earlier years: January and September often have seasonal jumps.
  • 0.2% a month is about the 2% a year most central banks aim for.

Higher than expected: A higher figure than expected makes the Magyar Nemzeti Bank more likely to keep rates high or raise them: it tends to support the Hungarian forint and push bond yields up, and is often a weight on stocks.

Lower than expected: A lower figure than expected gives the Magyar Nemzeti Bank room to cut or hold rates lower: the Hungarian forint tends to soften and bond yields to fall.

A short history

Monthly price indexes date from the early 20th century; many countries began publishing them during or after the First World War to adjust wages to the cost of living.

Questions

What is the Hungary Inflation Rate MoM?

The Hungary Inflation Rate MoM is the change in consumer prices in Hungary from the previous month (or quarter).

What was the latest Hungary Inflation Rate MoM?

0.2% for SEP, published on 7 October 2026.

When is the next Hungary Inflation Rate MoM?

On Tuesday 10 November 2026 at 07:30 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.