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2026.04.0806:45:04UTC+00Hungary March Inflation Rises to 1.8%

Hungary’s annual inflation rate accelerated to 1.8% in March 2026, up from a more than nine-year low of 1.4% in February. The main upward contributions came from higher prices for alcoholic beverages and tobacco (5.5% vs 5.8% in February), fuel and power (4.3% vs 4.2%), services (4.1% vs 4.2%), and clothing and footwear (1.4% vs 0.7%).

By contrast, prices continued to decrease for other goods, including motor fuels, which fell 0.7% after a steeper 3.1% decline in February. On a monthly basis, consumer prices rose 0.4% in March, the largest increase since July of the previous year, following a 0.1% gain in February.

Meanwhile, the annual core inflation rate—which excludes volatile categories such as food and energy—eased to 1.9% in March, the lowest reading since September 2018 and down from 2.1% in the previous month.

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