FX.co ★ Hungary’s CPI Edges Back Into Positive Territory in August, Ending Brief Deflationary Blip

Hungary’s consumer price index (CPI) returned to positive territory in August 2026, signaling a modest reacceleration in prices after a brief dip into negative monthly inflation. Month-over-month, CPI rose 0.20% in August, compared with a 0.10% decline recorded in July 2026.

The latest data, updated on 08 September 2026, show that the July reading of -0.10% had marked a short-lived period of month-on-month price contraction. August’s 0.20% gain suggests that price dynamics have stabilized, with consumer prices now rising again on a monthly basis.

On a month-over-month comparison, the “actual” August figure reflects the change in prices versus July, while the “previous” indicator captures July’s change versus June. Together, they highlight a shift from marginal deflation in early summer to a mild uptick in inflationary pressure as Hungary entered late summer 2026.