Ungarn Verbraucherpreise

The annual inflation rate in Hungary eased to 4.7% in March 2025 from February’s 15-month high of 5.6%, below market expectations of 5%. The slowdown was due to softer price increases for services (7.5% vs 9.2% in February) and food (7% vs 7.1%). Additionally, costs dropped further for electricity, gas and other fuels (-2.7% vs -0.2%). On the other hand, prices continued to rise for alcoholic beverages and tobacco (5.5% vs 5%) and consumer durables (2.1% vs 1.6%). On a monthly basis, the CPI was unchanged in March, following a 0.8% rise in the previous month. Meanwhile, the annual core inflation, which excludes volatile items such as food and energy, fell to 5.7% in March from February’s fourteen-month high of 6.2%.