HUF live macro board

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.

Top tier
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
6
Prior
6.25
Top tier
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
6
Prior
6.25
Top tier
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
6
Prior
6.25
Top tier
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
6
Prior
6.25
Top tier
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
6
Prior
6.25
Top tier
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
6
Prior
6.25

HUF currency market profile

Core identifiers, trading context, and product links for the HUF market.

Currency code
HUF

Hungarian Forint

Policy institution
National Bank of Hungary

Primary central-bank or monetary authority reference.

Primary USD pair
USD/HUF

Fast path into the FX pair dashboard and market profile.

Trading session
London

Approximate primary liquidity window used across FXMacroData pages.

Symbol
Ft

Display symbol used in product surfaces.

Also known as
forint

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.

What to watch
  • 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.

ABS 3 series
Central Bank 3 series
Hungarian Central Statistical Office 2 series
RBA 2 series
Bank for International Settlements 1 series

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.

Economy 10 / 10
Labor Market 5 / 5
Money & Credit 3 / 3
Monetary Policy 2 / 2
Government Bond Yields 5 / 5
Additional Indicators 3 / 3

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.

Published page ~8x/year % Starts pending Monetary Policy

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly %YoY Starts pending Economy

Core Inflation

CPI excluding volatile items like food and energy.

Published page Quarterly %YoY Starts pending Economy

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly %YoY Starts pending Economy

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly HUF bn Starts pending Economy

Unemployment Rate

Percentage of the labor force that is unemployed.

Published page Quarterly % Starts pending Labor Market

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly HUF bn Starts pending Economy

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly %YoY Starts pending Economy

Published Hungary indicator pages

Filter by indicator name, source, cadence, or category.

Economy 10 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) Starts pending

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) Starts pending

Core Inflation

CPI excluding volatile items like food and energy.

Quarterly %YoY Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Quarterly HUF bn Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly HUF bn Starts pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Starts pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Starts pending

Retail Sales

Measures change in the total value of sales at the retail level.

Monthly %YoY Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Monthly HUF bn Starts pending

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.

Monthly Index (2020=100) Starts pending
Labor Market 5 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Quarterly % Starts pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Quarterly % Starts pending
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly HUF bn Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly HUF bn Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly HUF bn Starts pending
Monetary Policy 2 pages

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~8x/year % Starts pending
Government Bond Yields 5 pages
Additional Indicators 3 pages

Tracked Hungary data catalogue

Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.

Economy 10 tracked

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Published page Monthly Hungarian Central Statistical Office Starts pending

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Published page Monthly Hungarian Central Statistical Office Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Published page Quarterly Starts pending

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Published page Quarterly Starts pending

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Published page Monthly Starts pending

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Published page Monthly Starts pending

Retail Sales

Measures change in the total value of sales at the retail level.

Published page Monthly Starts pending

Trade Balance

The difference between the value of a country's exports and imports.

Published page Monthly Starts pending

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.

Published page Monthly Bank for International Settlements Starts pending
Labor Market 5 tracked

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Published page Quarterly Starts pending
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Published page Monthly Starts pending

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Published page Monthly Starts pending

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Published page Monthly Starts pending
Monetary Policy 2 tracked
Government Bond Yields 5 tracked
Additional Indicators 3 tracked

HUF market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

MNB base rate and overnight quick-deposit rate.

Driver 2

Hungary CPI and core CPI.

Driver 3

EU funds disbursements (cohesion and Recovery and Resilience Facility).

Driver 4

Eurozone growth and the ECB stance.

Driver 5

Cross-CE3 moves and risk sentiment in EM Europe.

Driver 6

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.