Published on: 10 October 2023

Consumer prices increased by 12.2% on average compared to same month of the previous year, prices of motor fuels rose significantly, food prices decreased compared to August

Consumer prices were 12.2% higher on average in September 2023 than a year earlier. In one month, consumer prices increased by 0.4% on average, within this food became 0.2% less expensive.

In 12 months, compared to September 2022:

A price rise of 15.2% was recorded for food, within it the highest ones for the following: 61.3% for sugar, 26.1% for chocolate and cocoa, 26.0% for buffet products, 24.0% for non-alcoholic beverages. Within the product group, flour prices decreased by 13.9%, margarine by 1.2%. Electricity, gas and other fuels cost 14.6% less, within these prices of natural and manufactured gas decreased by 33.5%, electricity by 3.2%, firewood became 18.7%, butane and propane gas 9.7% more expensive. Motor fuel prices went up by 35.4%. Services became 13.6% more expensive, within these motorway use, renting, a car and parking went up by 22.2%, recreational services by 20.2%, other public entertainment tickets by 17.5%, repair and maintenance of vehicles by 16.9%, transport cost to workplace, school lessened by 21.7%. Alcoholic beverage prices were up by 15.5% and tobacco prices by 10.1%. Consumers paid 1.5% more for consumer durables, within these 9.8% more for kitchen and other furniture, 7.7% more for heating and cooking appliances, 7.0% more for new passenger cars,4.1% more for living and dining room furniture, 8.5% less for second-hand passenger cars. Pet food prices became 30.6% higher, the price of detergents increased by 25.6%, that of toilet articles by 13.0%, household repair and maintenance goods prices grew by 6.4%.

In one month, compared to August 2023:

Consumer prices were up by 0.4% on average. Food prices decreased by 0.2% on average, within it flour became 3.4%, seasonal food items (potatoes, fresh vegetables and fresh domestic and tropical fruits altogether) 3.0%, sugar and pasta products both 2.6%, eggs 2.0%, margarine 1.8%, milk products 1.7%, milk 1.5% cheaper, while non-alcoholic beverages became 2.4%, fruit and vegetable juice 0.9%, pork 0.8% more expensive. Motor fuel prices rose by 3.3%. Consumers paid 1.8% more for clothing and footwear and 1.0% more for electricity, gas and other fuels, within the latter firewood prices increased by 7.7%, while natural and manufactured gas prices remained unchanged (Press release).

Consumer price indices, September 2023


Denomination Previous month = 100.0 Corresponding month of previous year = 100.0
Consumer price index100.4112.2
Harmonised index of consumer prices100.1112.2
Core inflation (original, seasonally unadjusted)a)99.8113.1
Consumer price index for pensioners100.5111.6

a) The Hungarian Central Statistical Office applies a new methodology for the computation of core inflation from April 2021, the indicator no more including changes in the price of alcoholic beverages and tobacco. The time series were revised back to January 1995. Seasonally adjusted indices are available in Table of Summary tables (Stadat).