Central Bank RatesHungary policy rate in 2024 (8 changes)
Start of year10.75%
End of year6.50%Dec 31, 2024
Net change-425 bp0 hikes, 8 cuts
Average7.692%
Rank by level10 / 38
Changes in 2024
| Date | From | To | Change |
|---|---|---|---|
| Jan 31, 2024 | 10.75% | 10.00% | cut -75 bp |
| Feb 28, 2024 | 10.00% | 9.00% | cut -100 bp |
| Mar 27, 2024 | 9.00% | 8.25% | cut -75 bp |
| Apr 24, 2024 | 8.25% | 7.75% | cut -50 bp |
| May 22, 2024 | 7.75% | 7.25% | cut -50 bp |
| Jun 19, 2024 | 7.25% | 7.00% | cut -25 bp |
| Jul 24, 2024 | 7.00% | 6.75% | cut -25 bp |
| Sep 25, 2024 | 6.75% | 6.50% | cut -25 bp |
Compared with other areas at the end of 2024
47.5%
21%
12.25%
10%
9.5%
8.5%
7.75%
6.5%
6.5%
6.5%
6%
5.75%
5.75%
5.75%
5.55%
5%
5%
5%
4.75%
4.75%
4.5%
4.5%
4.375%
4.35%
4.25%
4%
4%
3.25%
3.1%
3%
3%
3%
2.75%
2.6%
2.5%
2.25%
0.5%
0.25%
Year-end rate over time
5.5%
6.5%
6.5%
10.75%
13%
2.4%
0.6%
0.9%
0.9%
0.9%
0.9%
1.35%
2.1%
3%
5.75%
7%
5.75%
6.25%
10%
7.5%
8%
6%
9.5%
12.5%
8.5%
9.75%
11%
2024: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.