FX.co ★ Hungary Inflation Rate at 3-Month High

In June 2025, Hungary's annual inflation rate increased slightly to 4.6%, up from 4.4% in May, aligning with market predictions. This represents the highest level since March, largely due to rising costs in several sectors. Food prices escalated to 6.2%, up from May's 5.9%, while expenses for electricity, gas, and other fuels jumped significantly to 8.6% from 5.3%. Additionally, the cost of consumer durables saw an increase to 2.6% from 2.2%. Conversely, there was a deceleration in price growth for alcoholic beverages and tobacco, which dropped to 6.3% from 7.3%, and for services, which declined to 5.4% from 5.9%. On a monthly basis, consumer prices saw a modest rise of 0.1% in June, following a 0.2% rise in May. Furthermore, annual core inflation, which omits the more volatile sectors such as food and energy, decreased to a seven-month low of 4.4% in June, down from 4.8% in the previous month and below the market forecast of 4.6%.