Hungary’s core consumer price index (CPI) slowed markedly in January 2026, with the year-over-year rate easing to 2.7%, down from 3.8% in December 2025. The data, updated on 12 February 2026, underscore a continued moderation in underlying price pressures at the start of the year.
Both the current and previous readings are measured on a year-over-year basis, comparing each month with the same month a year earlier. December’s 3.8% reflected the annual change in core prices for that month, while January’s 2.7% shows a further step down in the pace of underlying inflation, suggesting that disinflationary trends remain intact in Hungary’s core price dynamics.