Hungary’s annual inflation rate rose to 1.3% in August 2026 from 1.2% in July, when it reached its lowest level since November 2016. Price growth accelerated for tobacco products, other goods including fuels, and services, while consumer durables inflation eased. Services inflation increased to 5% from 4.7%, and annual core inflation rose to 2% from 1.9%. These increases were partly offset by declines in food, clothing and household energy prices. Consumer prices rose 0.2% month-on-month after falling 0.1% in the previous period.