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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
5.5 5.5 0 2026-09-23 Source metadata Page /Release /API
Inflation Rate (CPI/HICP)
Economy
1.6 1.3 +0.3 2026-10-07 Source metadata Page /Release /API
Producer Price Index (PPI)
Economy
4.8 1 +3.8 2026-09-30 Source metadata Page /Release /API
Retail Sales
Economy
2.4 4.9 -2.5 2026-10-06 Source metadata Page /Release /API
Trade-Weighted Index (NEER)
Economy
102.55 103.39 -0.84 2026-09-15 Bank for International Settlements Page /Release /API
Risk Free Rate
Monetary Policy
5.5 5.75 -0.25 2026-08-25 Source metadata Page /Release /API

Hungary release calendar

Upcoming and recent macro events for the HUF country view.

Tracked
Average Weekly Earnings / Wages Hungarian Central Statistical Office

Average Gross Monthly Earnings

Latest
745,492
Prior
754,723
Tracked
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
5.5
Prior
5.5
Tracked
Risk Free Rate Magyar Nemzeti Bank Monetary Council meetings

Risk-Free Rate

Latest
5.5
Prior
5.75
Tracked
Central Bank Policy Rate Magyar Nemzeti Bank Monetary Council meetings

MNB Base Rate

Latest
5.5
Prior
5.5
Tracked
Risk Free Rate Magyar Nemzeti Bank Monetary Council meetings

Risk-Free Rate

Latest
5.5
Prior
5.75

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), Producer Price Index (PPI), Retail Sales, 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 4 / 10
Labor Market 0 / 5
Money & Credit 0 / 3
Monetary Policy 2 / 2
Government Bond Yields 0 / 5
Additional Indicators 0 / 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 1990-10-15 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 2017-01-31 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 2022-01-31 Economy

Retail Sales

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

Published page Monthly %YoY Starts 2022-01-31 Economy

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 Index (2020=100) Starts 2010-01-31 Economy

Risk Free Rate

Overnight lending rate between banks.

Published page Daily % Starts 1990-10-15 Monetary Policy

Published Hungary indicator pages

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

Economy 4 pages

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 2017-01-31

Producer Price Index (PPI)

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

Monthly %YoY Starts 2022-01-31

Retail Sales

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

Monthly %YoY Starts 2022-01-31

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 2010-01-31
Monetary Policy 2 pages

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~8x/year % Starts 1990-10-15

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.

Tracked in catalogue Monthly Hungarian Central Statistical Office Starts pending

Consumer Confidence

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

Tracked in catalogue Monthly Hungarian Central Statistical Office Starts pending

Core Inflation

CPI excluding volatile items like food and energy.

Tracked in catalogue Quarterly ABS Starts pending

Current Account Balance

Measures trade in goods and services and income flows.

Tracked in catalogue Quarterly Starts pending

Gross Domestic Product (GDP)

Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.

Tracked in catalogue 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 2017-01-31

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 2022-01-31

Retail Sales

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

Published page Monthly Starts 2022-01-31

Trade Balance

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

Tracked in catalogue 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 2010-01-31
Labor Market 5 tracked

Employment Level

Total number of employed persons.

Tracked in catalogue Quarterly Starts pending

Full-Time Employment

Number of persons employed full-time.

Tracked in catalogue Monthly ABS Starts pending

Part-Time Employment

Number of persons employed part-time.

Tracked in catalogue Monthly ABS Starts pending

Labor Force Participation Rate

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

Tracked in catalogue Quarterly Starts pending

Unemployment Rate

Percentage of the labor force that is unemployed.

Tracked in catalogue Quarterly Starts pending
Money & Credit 3 tracked

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Tracked in catalogue Monthly Starts pending

M2 Money Supply

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

Tracked in catalogue Monthly Starts pending

Broad Money (M3)

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

Tracked in catalogue Monthly Starts pending
Monetary Policy 2 tracked

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

Published page ~8x/year Starts 1990-10-15
Government Bond Yields 5 tracked

10-Year Government Bond Yield

Tracked in catalogue Daily Starts pending

2-Year Government Bond Yield

Tracked in catalogue Daily Starts pending

3-Year Government Bond Yield

Tracked in catalogue Daily RBA Starts pending

5-Year Government Bond Yield

Tracked in catalogue Daily Starts pending

Inflation-Linked Bond Yield

Tracked in catalogue Daily RBA Starts pending
Additional Indicators 3 tracked

Central Bank Reserves - Domestic Currency

Tracked in catalogue Monthly Central Bank Starts pending

Central Bank Reserves - Foreign Currency

Tracked in catalogue Monthly Central Bank Starts pending

Central Bank Reserves - Gold

Tracked in catalogue Monthly Central Bank Starts pending

Hungary guides and research

Explainers and analysis about Hungary and the HUF, with the by-country tables that put its numbers in context.

Compare Hungary with other countries

Risk-free rates by country

The overnight benchmark rate for each currency, side by side.

Policy rates by country

Current central-bank policy rates across every covered market.

Inflation by country

Latest annual consumer price inflation for each market.

Government bond yields by country

Sovereign yields by maturity across covered markets.

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.