Hungary’s industrial producer prices up 2.2% in January

EU

pixabay

Hungary’s industrial producer prices rose by 2.2% on average in January, compared to a year earlier, according to a first release of data from the Central Statistical Office (KSH) Tuesday morning. 

Domestic output prices were 4.3% higher on average, within which manufacturing prices were 7.4% higher, while prices of electricity, gas, steam and air conditioning supply, also representing significant weight, were 1.9% lower than a year earlier. Industrial non-domestic output prices went up by 1.2% compared to a year earlier, according to the KSH.

Of the end-use groups of the producing branches of industry in Hungary, prices rose by 5.1% in energy and intermediate producing branches, by 1.8% in capital goods producing, and by 2.7% in consumer goods producing branches, the KSH added.

Industrial non-domestic output prices were up by 1.2%. In this group, manufacturing prices rose by 1.1%, while prices of electricity, gas, steam and air conditioning supply, representing small weight, were 0.3% lower, according to the statistics office.

Alteo Shareholders Approve HUF 400/Share Dividend Green Energy

Alteo Shareholders Approve HUF 400/Share Dividend

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi... HR

Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi...

Silvanus Hotel Under Reconstruction, Will Reopen in Fall Hotels

Silvanus Hotel Under Reconstruction, Will Reopen in Fall

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.