The annual increase was driven by a 1.7% rise in non-domestic output prices, offsetting a 0.7% drop in domestic output prices. On a monthly basis, domestic output prices declined 0.2%, while non-domestic prices fell 0.6%.
In manufacturing, which accounts for 60% of domestic output, prices dipped 0.4% year-over-year. The energy industry, comprising 38.6% of domestic output, saw a 2.2% decrease in prices over the same period. However, the food industry bucked the trend, with output prices increasing by 0.9% year-on-year.
Among producer branches, prices for energy and intermediate goods in Hungary fell by 2.3%, while capital goods producer prices rose by 4.0%, and consumer goods producer prices increased by 1.9%.
In non-domestic markets, manufacturing prices rose by 1.5%, covering a substantial 82.9% of the sector’s output, whereas energy industry prices fell by 1.2%, comprising a smaller 16.7% share.
For the January–September 2024 period, industrial producer prices were down 0.8% overall compared to the same period in 2023. Domestic output prices saw a sharper 2.9% decline, while non-domestic prices showed a modest 0.3% increase.
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