Average inflation measured by CPI rose 8.28% to 3.65% in Hungary in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Hungary reached an all time high of 34.2% in 1991 and an all time low of -0.222% in 2014. When compared to Hungary's main peers, average inflation measured by CPI in Austria amounted to 1.24%, 3.32% in Czech Republic, 3.32% in Poland and 1.53% in Slovakia in 2020.
Hungary has been ranked 58th within the group of 172 countries we follow in terms of average inflation measured by CPI, 8 places above the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Austria | % | 2.75% | 7.73% | 5.12% | 2.50% | 2.20% | ||||||||||||||||
| Czechia | % | 3.84% | 16.3% | 8.58% | 2.50% | 2.00% | ||||||||||||||||
| Germany | % | 3.21% | 8.46% | 7.19% | 3.53% | 2.56% | ||||||||||||||||
| Hungary | % | 5.13% | 13.9% | 13.3% | 5.64% | 3.97% | ||||||||||||||||
| Italy | % | 1.94% | 8.74% | 5.21% | 1.74% | 2.13% | ||||||||||||||||
| Poland | % | 5.12% | 13.8% | 14.3% | 4.26% | 3.21% | ||||||||||||||||
| Russia | % | 6.69% | 13.8% | 5.04% | 4.00% | 4.00% | ||||||||||||||||
| Slovakia | % | 2.82% | 11.9% | 10.1% | 4.41% | 2.80% | ||||||||||||||||
| Switzerland | % | 0.582% | 3.06% | 2.39% | 1.55% | 1.28% | ||||||||||||||||
| Ukraine | % | 9.36% | 20.6% | 5.19% | 5.00% | 5.00% | ... | ... |
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