ING
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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Authors
Peter Virovac
Securities
HUF
Themes
Disinflationary trendsMonetary policy easing
Regions
EuropeHungary
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