8 May 2026, 12:19  Hungary: Inflation Rate Picks Up to 2.1%

The annual inflation rate in Hungary rose to 2.1% in April 2026 from 1.8% in March, marking a three-month high. The acceleration was driven mainly by higher food prices, which rose to 1.5% after stalling in March, and a rebound in other goods, including other items and fuels (0.1% vs -0.7%). In contrast, price growth slowed in several categories, with alcoholic beverages and tobacco easing to 4.1% from 5.5%, clothing to 0.8% from 1.4%, and services edging down slightly to 4.0% from 4.1%, while consumer durables were unchanged at 2.7%. Household energy recorded a sharp swing, falling 0.4% from a 4.3% increase in March. On a monthly basis, consumer prices rose 0.4%, the same pace as in the prior period. Meanwhile, the annual core inflation rate, which excludes volatile items such as food and energy, rose to 2.2% from 1.9% in March, slightly below market expectations of 2.3%.

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