Hungary Macro Data Board
Hungarian forint — high-yielding Central European currency with elevated political and policy risk.
The Hungarian forint (HUF) is the official currency of Hungary. It is among the more volatile Central European currencies, sensitive to EU-Hungary policy frictions, eurozone growth, and shifts in global risk sentiment.
Hungary latest macro readings
A scan-ready view of the main HUF indicators, linking each series to its country page, latest announcement, and API endpoint.
| Indicator | Latest | Previous | Change | Updated | Source | Links |
|---|---|---|---|---|---|---|
|
Central Bank Policy Rate
Monetary Policy
|
6 | 6.25 | -0.25 | 2026-06-24 | Source metadata | Page /Release /API |
|
Inflation Rate (CPI/HICP)
Economy
|
3.3 | 3.7 | -0.4 | 2026-01-15 | Source metadata | Page /Release /API |
|
Producer Price Index (PPI)
Economy
|
1.3 | -3.1 | +4.4 | 2026-04-20 | Source metadata | Page /Release /API |
|
Unemployment Rate
Labor Market
|
4.4 | 4.6 | -0.2 | 2026-04-30 | Source metadata | Page /Release /API |
|
Retail Sales
Economy
|
7.49 | 3.94 | +3.55 | 2026-04-25 | Source metadata | Page /Release /API |
Hungary release calendar
Upcoming and recent macro events for the HUF country view.
HUF currency market profile
Core identifiers, trading context, and product links for the HUF market.
Hungarian Forint
Primary central-bank or monetary authority reference.
Fast path into the FX pair dashboard and market profile.
Approximate primary liquidity window used across FXMacroData pages.
Display symbol used in product surfaces.
Common market shorthand where available.
Hungary macro brief
The highest-signal pages for Hungary include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.
The Magyar Nemzeti Bank (MNB) Monetary Council sets the base rate monthly and targets 3% CPI inflation with a ±1 percentage-point tolerance band. The MNB has historically used a wide toolkit including overnight deposit rates, FX swaps, and targeted lending facilities.
For HUF research, combine the country-level release map with the USD/HUF dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.
The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.
- MNB monthly base-rate decision and post-meeting press conference.
- Hungary CPI release.
- MNB Inflation Report (quarterly).
- EU-Hungary policy and disbursement headlines.
- EUR/HUF spot and Hungarian government bond yields.
Hungary source map
Publisher groups represented in the checked-in coverage catalogue for this market.
Hungary coverage by category
The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.
Key Hungary indicators
Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Core Inflation
CPI excluding volatile items like food and energy.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Unemployment Rate
Percentage of the labor force that is unemployed.
Trade Balance
The difference between the value of a country's exports and imports.
Retail Sales
Measures change in the total value of sales at the retail level.
Published Hungary indicator pages
Filter by indicator name, source, cadence, or category.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
Trade-Weighted Index (NEER)
Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
Inflation-Linked Bond Yield
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
Tracked Hungary data catalogue
Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Core Inflation
CPI excluding volatile items like food and energy.
Current Account Balance
Measures trade in goods and services and income flows.
Gross Domestic Product (GDP) Growth
GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Retail Sales
Measures change in the total value of sales at the retail level.
Trade Balance
The difference between the value of a country's exports and imports.
Trade-Weighted Index (NEER)
Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Part-Time Employment
Number of persons employed part-time.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Unemployment Rate
Percentage of the labor force that is unemployed.
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Risk Free Rate
Overnight lending rate between banks.
10-Year Government Bond Yield
2-Year Government Bond Yield
3-Year Government Bond Yield
5-Year Government Bond Yield
Inflation-Linked Bond Yield
Central Bank Reserves - Domestic Currency
Central Bank Reserves - Foreign Currency
Central Bank Reserves - Gold
HUF market drivers
Evergreen macro forces to keep beside the country data table.
MNB base rate and overnight quick-deposit rate.
Hungary CPI and core CPI.
EU funds disbursements (cohesion and Recovery and Resilience Facility).
Eurozone growth and the ECB stance.
Cross-CE3 moves and risk sentiment in EM Europe.
Geopolitical risk premium from regional tensions.
HUF questions traders ask
Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.
What inflation target does the MNB use?
The MNB targets 3% CPI inflation with a ±1 percentage-point tolerance band. The target is symmetric and applies on a continuous basis.
Why is the forint considered volatile?
HUF combines a small and open economy, a high carry that attracts and repels speculative flows quickly, periodic frictions over EU funds and rule-of-law issues, and a central bank that has used aggressive non-standard tools — all of which contribute to elevated volatility.
How does the EU-Hungary relationship affect HUF?
Disbursements from the EU's cohesion and Recovery and Resilience funds represent a meaningful share of Hungarian GDP. Delays or conditions tied to rule-of-law concerns can put pressure on HUF, while progress typically supports it.
Explore other countries
Move laterally into another country hub while keeping the same indicator-first structure.