Experts Club Information and Analysis Center has analyzed the inflation rate in Hungary and its trends in Hungary in recent years. Inflation in Hungary in 2025 continues to decline after record highs in 2022-2023. As of March 2025, annual inflation stood at 4.7%, down from 5.6% in February.
The main drivers of inflation
The decline in inflation is due to stabilizing food and energy prices. However, rising rental prices and services continue to put pressure on the overall price level
Government and central bank measures
The central bank of Hungary maintains the key interest rate at 6.5% to contain inflationary pressures. The government is taking steps to control prices in key sectors of the economy.
Outlook
Experts expect inflation to continue to decline to around 3.5% in 2026, approaching the central bank’s targets
Year Inflation (%)
2000 9,79
2001 9,15
2002 5,26
2003 4,66
2004 6,75
2005 3,56
2006 3,90
2007 7,95
2008 6,06
2009 4,20
2010 4,87
2011 3,93
2012 5,66
2013 1,71
2014 – 0,23
2015 -0,07
2016 0,40
2017 2,35
2018 2,84
2019 3,37
2020 3,33
2021 5,11
2022 14,61
2023 17,13
2024 3,8
2025 4.7 (March)
