Hungary inflation rate for 2024 was 3.70%, a 13.42% decline from 2023.
Hungary inflation rate for 2023 was 17.12%, a 2.52% increase from 2022.
Hungary inflation rate for 2022 was 14.61%, a 9.5% increase from 2021.
Hungary inflation rate for 2021 was 5.11%, a 1.78% increase from 2020.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.