Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Hungary
HUNCPIALLQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.18
Year-over-Year Change
36.87%
Date Range
1/1/1980 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Hungary measures the changes in the prices of consumer goods and services purchased by Hungarian households. It is a key indicator of inflation and an important metric for economic policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for Hungary is a comprehensive measure of the average change in prices paid by consumers for a basket of goods and services. It is used to track the cost of living and evaluate the effectiveness of economic policies.
Methodology
The data is collected by the Hungarian Central Statistical Office through surveys of consumer expenditures and prices.
Historical Context
The CPI is widely used by the Hungarian government, central bank, and financial markets to inform monetary and fiscal policy decisions.
Key Facts
- Hungary's CPI has a base year of 2015.
- The CPI is published monthly by the Hungarian Central Statistical Office.
- The CPI is an important indicator for the Hungarian National Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Hungary measures the changes in the prices of consumer goods and services purchased by Hungarian households.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a key indicator of inflation in Hungary and is used by policymakers, businesses, and consumers to understand the cost of living and make informed economic decisions.
Q: How is this data collected or calculated?
A: The data is collected by the Hungarian Central Statistical Office through surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: The CPI is widely used by the Hungarian government, central bank, and financial markets to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI is published monthly by the Hungarian Central Statistical Office with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Hungary (HUNCPIALLQINMEI), retrieved from FRED.