FX.co ★ Hungary’s Inflation Inches Up to 2.1% in April, Still Near Central Bank Comfort Zone

Hungary’s consumer price inflation edged higher in April 2026, with the year-over-year Consumer Price Index (CPI) rising to 2.1%, up from 1.8% in March 2026. The data, updated on 8 May 2026, show that price pressures are picking up modestly but remain relatively contained.

The figures are based on a year-over-year comparison, measuring how prices in April 2026 changed versus April 2025. For March, the 1.8% reading similarly reflected a comparison with March a year earlier. The step-up from 1.8% to 2.1% suggests a gradual firming of inflation rather than a sharp acceleration, a dynamic that markets and policymakers will watch closely as they gauge the outlook for interest rates and domestic demand.

While no detailed breakdown of price categories is provided, the move back above 2% keeps inflation close to levels often viewed as compatible with price stability in many European economies. The trend over March and April will be important for investors assessing whether Hungary’s inflation cycle is stabilizing near current levels or at the start of a more sustained upward path.