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July 7, 2026

Hungarian Inflation Stays Cool During The Heatwave

Macro Economic IndicatorsFXRates Govt BondsConsumer StaplesUtilities

Hungarian inflation unexpectedly slowed to 1.7% in June 2026, driven by a strong forint. ING forecasts this trend will support further monetary easing through the summer and autumn.

Key Takeaways

  • 1.Hungarian headline inflation slowed to 1.7% in June 2026.
  • 2.ING expects a series of interest rate cuts continuing into autumn, targeting 5.00%.
  • 3.The strength of the forint is currently the primary driver in stabilizing domestic prices.

Table of Contents

  • Inflation inches lower again
  • The details
  • Core inflation steadies at a low rate
  • Both short and long-term inflation outlook improves
  • It looks like summer rate cuts are a done deal
  • Author
  • Disclaimer

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