FX.co ★ Hungary's Core CPI Experiences Slight Decline in November

Hungary's core Consumer Price Index (CPI) has experienced a modest decline in November, dipping to 4.1% after reaching 4.2% in October, according to the latest data available as of December 9, 2025. This minor reduction marks a continued effort by Hungarian economic policymakers to stabilize inflationary pressures within the nation.

The core CPI is a particularly important economic indicator as it averages prices of goods and services excluding those from the food and energy sectors, thereby providing a clearer view of inflation trends. The current indicator is based on a year-over-year comparison, assessing November 2025 against the same month in 2024.

The slight decrease in the core CPI reflects ongoing adjustments affecting numerous sectors in Hungary's economy. While still keeping rates relatively steady, the Hungarian Central Bank's measures are slowly taking effect, aiming at easing inflationary trends observed over the past year. Maintaining a steady decline in core CPI rates could offer some reprieve to consumers, whose purchasing power has been affected by previous inflationary peaks. As the year closes, economists are keen to observe whether this downward trend will persist, offering a more stable financial future for Hungary.