FX.co ★ Hungary’s Core Inflation Ticks Up to 2.0% Year-on-Year in August

Hungary’s core Consumer Price Index (CPI) edged higher in August 2026, with the year-on-year rate reaching 2.0%, up from 1.9% in July 2026. The figures, updated on 8 September 2026, indicate a slight firming in underlying inflation pressures compared with the same period a year earlier.

The data are based on year-over-year comparisons, where the August reading reflects the change in core prices relative to August of the previous year, while the July figure compares with July a year earlier. The gradual uptick from 1.9% to 2.0% suggests that core inflation remains contained but is no longer easing, providing a nuanced signal for policymakers and market participants watching Hungary’s price dynamics.