The annual inflation rate in Hungary rose to 1.6% in September 2026 from 1.3% in the previous month, marking the highest reading since June. The increase was largely driven by higher prices for alcoholic beverages and tobacco products (3.3% vs 3.2% in August) and other goods, including fuels (2.8% vs 1.2%). Inflation also continued to rise for consumer durables (1.2% vs 1.5%) and services (4.9% vs 5%). In contrast, costs declined for food (-1.3% vs -1.4%), clothing items (-0.4% vs -0.2%), and household energy (-0.4% vs -4.3%). On a monthly basis, consumer prices increased by 0.2% in September, the same pace as in the preceding period. Meanwhile, the annual core inflation rate, which excludes volatile items such as food and energy, edged lower to 1.9% from 2% in the prior month.