FX.co ★ Hungary’s Inflation Edges Up to 1.6% in September, Ending Months-Long Cooling Trend

Hungary’s consumer price inflation ticked higher in September 2026, with the year-over-year Consumer Price Index (CPI) rising to 1.6%, up from 1.3% in August 2026. The data, updated on 7 October 2026, signal a modest acceleration in price growth after a period of more subdued inflation.

Both the current and previous readings are measured on a year-over-year basis, comparing each month with the same month a year earlier. While inflation remains low by recent historical standards, the move from 1.3% to 1.6% suggests that the disinflationary phase may be losing some momentum. Market participants and policymakers will be watching upcoming data closely to see whether this marks the start of a gradual firming in price pressures or a temporary bump within an otherwise stable inflation environment.