Average inflation measured by CPI rose 8.00% to 2.97% in Hungary in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Hungary reached an all time high of 2.97% in 2020 and an all time low of -0.002% in 2014. When compared to Hungary's main peers, average inflation measured by CPI in Austria amounted to 2.10%, 2.00% in Czech Republic, 2.50% in Poland and 2.03% in Slovakia in 2020.
Hungary has been ranked 89th within the group of 171 countries we follow in terms of average inflation measured by CPI, 19 places below the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Austria | % | 0.021% | 0.020% | 0.015% | 2.10% | 2.10% | ||||||||||||||||
| Czech Republic | % | 0.025% | 0.021% | 0.028% | 2.00% | 2.00% | ||||||||||||||||
| Germany | % | 0.015% | 0.017% | 0.014% | 2.08% | 2.29% | ||||||||||||||||
| Hungary | % | 0.023% | 0.029% | 0.033% | 2.97% | 2.95% | ||||||||||||||||
| Italy | % | 0.012% | 0.011% | 0.006% | 1.48% | 1.58% | ||||||||||||||||
| Poland | % | 0.021% | 0.018% | 0.022% | 2.50% | 2.50% | ||||||||||||||||
| Russia | % | 0.037% | 0.029% | 0.045% | 4.80% | 4.80% | ||||||||||||||||
| Slovakia | % | 0.013% | 0.025% | 0.027% | 2.03% | 2.03% | ||||||||||||||||
| Switzerland | % | 0.005% | 0.009% | 0.004% | 1.00% | 1.00% | ||||||||||||||||
| Ukraine | % | 0.144% | 0.110% | 0.079% | 5.97% | 5.85% |
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