Hungary's February inflation rate drops to 1.4%, below expectations

LootboxPhobia · 2026-03-10T10:49:37+00:00

According to data from the Hungarian Central Statistical Office, consumer prices increased by 0.1% month-on-month in February, and the annual inflation rate decreased from 2.1% in January to 1.4%, below market expectations. The core inflation rate also fell to 2.1%. Food prices rose slightly, reflecting the impact of profit margin caps and global deflation trends.

LootboxPhobia

2026-03-10 10:49:37

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Investing.com – According to data released today by the statistical bureau, Hungary’s consumer prices in February increased by 0.1% month-on-month, with the annual inflation rate dropping from 2.1% in January to 1.4%.

This figure is below the market consensus expectation of 1.7% and also slightly lower than the forecast of 1.5%. The core inflation rate also declined, from 2.7% in January to 2.1%.

Food prices increased by an average of 0.1% month-on-month, reflecting the ongoing impact of retail profit margin caps and the global deflation trend over the past few months.

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