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2026.06.0906:30:00UTC+00Hungary’s Monthly Inflation Grinds to a Halt in May, CPI MoM Falls to 0.0%

Hungary’s consumer price dynamics stalled in May 2026, with the month‑over‑month Consumer Price Index (CPI) coming in at 0.00%, down from 0.40% in April 2026. The latest data, updated on 9 June 2026, indicate that prices on average neither rose nor fell compared with April on a monthly basis.

The shift from 0.40% to 0.00% in the MoM CPI suggests that short‑term inflationary pressure eased notably as spring progressed. In April, prices were still advancing modestly versus March, but by May that momentum had effectively disappeared, signaling a pause in price growth at the monthly level.

This month‑over‑month reading is calculated by comparing the price change in May with that of April, while the previous figure reflected the change in April relative to March. Market participants and policymakers will be watching upcoming releases closely to see whether May’s flat reading marks a temporary pause or the start of a more sustained period of subdued price movements in Hungary.

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