Prices

The development of prices influences the quantity of production and consumption, and their structure as well. Price statistics typically observe the temporal change in the price of goods put on the market, though there are spatial price indices (e.g. purchasing power parity), too. The consumer price index quantifies changes in consumer prices, differently, producer price indices observe price changes from the point of view of producers. There are also cost-based price indices (e.g. of agriculture, labour force), which show the development of production costs over time. External trade price indices provide information on the price development of goods exports and imports.

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Hungary 1st quarter of 2025

The performance of the Hungarian economy in the 1st quarter of 2025 was identical with the same period of the previous year’s level. Increasing performance in the service sector as well as the growth in consumption had a positive impact on the GDP. The continuing setback of the industry and construction, a subdued investment activity, the deterioration in the balance of the external trade counterbalanced this trend. Regarding the labour market, employment rate – considering the 1st quarters’ values – was the highest ever, while the unemployment rate lessened.

HCSO Monitor

The collection of interactive figures provides up-to-date information on the latest domestic and international socio-economic trends. The decisive part of the figures included in HCSO Monitor are downloadable in both image and data formats (PNG, SVG and CSV). Feel free to browse the data in HCSO Monitor, updated many times a week!

Consumer prices 4.6% higher on average than in same month of previous year and 0.1% higher on average than in May; Consumer prices, June 2025

Consumer prices were 4.6% higher on average in June 2025 than a year earlier. Compared to May, prices were 0.1% higher on average.

Snapshots, 2024 - Prices

Consumer prices were up by 3.7% on average in 2024 compared to the previous year, and the rate of price rise significantly decreased compared to the 2023 figure (17.6%), being a 25-year peak. The deceleration in inflation was influenced by the rate of increase in industrial, construction and services prices going on lessening, and agricultural product prices going down again on average. External trade prices expressed in forints slightly rose, and minor deterioration occurred in terms of trade.

Hungary, 2024

Hungary’s GDP increased by 0.5% amid global challenges in 2024. The performance of goods-producing industries lessened, while that of service-providing ones rose, which shows the duality of economic trends. Household consumption picked up, which was considerably encouraged by the purchasing power of earnings growing again with the inflationary wave calming down. Besides, the data series reveal that the level of employment reached another peak.

Industrial producer prices lessen by 0.7% compared to previous month and go up by 6.9% on average compared to a year earlier in May 2025, Industrial producer prices, May 2025

Industrial producer prices were 6.9% higher on average in May 2025 than one year earlier. Domestic output prices were 3.9% and non-domestic output prices 8.3% higher than in May in the previous year. The price rise was primarily caused by the annual weakening of the forint exchange rate against the euro and the increase in production costs. Compared to the previous month, domestic output prices were 0.9% and non-domestic output prices 0.6%, so industrial producer prices as a whole 0.7% lower.

Statistical Pocketbook of Hungary, 2024

The tables and charts in the latest edition of the Statistical Pocketbook of Hungary provide a comprehensive insight into the development of social and economic trends in Hungary during the year 2024. It aims to provide a summary picture of the country's situation in all possible areas based on preliminary indicators. Within the number of employees, this year's pocketbook also includes employed persons working less than 60 hours, and the gross revenues at tourist accommodation establishments.

Snapshots, 2024 – Consumer prices

Consumer prices were up by 3.7% on average in 2024 compared to the previous year, and the rate of price rise significantly decreased compared to the 2023 figure (17.6%), being a 25-year peak. It was the growth in service prices that had the largest impact on inflation, furthermore, the rise in food prices also had a substantial part, however, electricity, gas and other fuels as well as consumer durables became cheaper.

Statistical Yearbook of Hungary, 2023

The yearbook provides an overview of Hungary's demographic, social and economic processes, environmental characteristics and their changes over time, with the help of tens of thousands of data of 500 tables, graphs and maps. Innovatively, the Tourism, catering chapter in the volume includes the gross receipts of tourist accommodation establishments by type of accommodation. Another change is that this year the Regional data chapter already presents territorial data by tourism area, giving greater emphasis to tourist destinations.

Hungary, 2023

Geopolitical tensions continued to overshadow economic developments in 2023, with the gross domestic product falling by 0.9%. Inflationary pressures gradually eased, but the 17.6% annual increase in consumer prices led to a decline in real earnings and consumption, and negatively affected investment decisions. Despite the economic difficulties, employment has reached a record high. In 2023, the number of deaths and births continued to fall, in addition to the decrease in the number of women of childbearing age.

Agricultural producer and input prices, quarters 1–3, 2023

Agricultural producer prices decreased by 7.3% in quarters 1–3 of 2023, within which the price of crop products lessened by 25% and that of animals and animal products was up by 21%. The 5.4% increase in input prices was influenced by the price rises for the components of intermediate consumption and for investments, too. The price level augmented by 4.6% in the case of the former and by 12% for the latter. The value of the agricultural terms of trade was 88%.