Inflation in Romania and Hungary. How Did Prices Get up Four Times Faster at Us

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A few years ago, Hungary recorded the highest inflation in the European Union, almost 26%. In September, the annual rate had fallen to 1.6%, while Romania recorded 6.6%, a significant difference between the two countries.

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Just a few years ago, Hungary had one of the highest rates of inflation in the European Union. In 2023, the prices reached nearly 26%,...

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Prices in Romania rose significantly in September, when annual inflation rose to 6.6%, four times above the 1.6% level recorded in Hungary. While Budapest managed to reduce inflation from a peak of almost 26% by stabilizing the forint and reviewing economic measures, in Bucharest BNR and the IMF [...] Article Comparison – Hungary has cheapened food and appreciated its currency; Romania has increased taxes and raised prices appears first in the P…

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The rise in prices in Hungary has been tempered in recent months, thanks to the measures taken by the governors, while in Romania prices have exploded. Four times higher inflation in Bucharest compared to Budapest, has led to so many costs. BNR representatives estimate that inflation will rise by the end of the year and [...]