Hungarian middle‑aged adults sense 18% inflation, far exceeding official 1.4% rate

Hungary’s official consumer price index recorded a 1.4% annual rise in February, the lowest level in nine years, according to the KSH. A separate K&H Bank survey carried out between 6‑16 February among 500 respondents aged 30‑59 found that this group perceived inflation at an average of 18% over the past year, with a median estimate of 15‑19%. Women reported a slightly higher perception (19%) than men (17%), and residents of rural areas estimated around 20%.

The perceived inflation rate has fallen from 22% in February 2025, indicating a notable improvement in sentiment. Looking ahead, respondents expect a 7% price increase over the next 12 months, down from an 11% expectation a year earlier. Seventy percent anticipate further price rises, 19% expect prices to stay flat, and 11% forecast a decline. The survey highlights a substantial gap between official statistics and consumer experience among Hungary’s middle‑aged population.