Hungary’s industrial producer prices rose 6.9% on average in May 2025 compared to the same month a year earlier, driven primarily by a weaker forint against the euro and higher production costs, the Central Statistical Office (KSH) reported. However, prices eased by 0.7% from the previous month.
Domestic output prices in May increased by 3.9% year-on-year, while non-domestic output prices jumped 8.3%, according to KSH data. Month-over-month, domestic prices declined by 0.9%, and non-domestic prices slipped by 0.6%.
In the domestic market, manufacturing prices—accounting for 62.7% of industrial output—rose by 3.7%, matched by a similar 3.7% increase in the energy sector, which holds a 35.4% weight. Food industry output prices posted a higher-than-average increase, climbing 7.6%.
By end-use sector, domestic prices increased 3.1% in energy and intermediate goods production, 3.9% in capital goods, and 6.1% in consumer goods.
Non-domestic output prices saw an 8.3% year-over-year increase. Within this category, manufacturing prices were up 4.4%, while prices in the energy industry surged 16.9%.
For the January–May 2025 period, average domestic output prices were 4.8% higher and non-domestic prices rose 9.4% compared to the first five months of 2024. Overall, industrial producer prices increased by 7.9% during the period.
KSH attributed the annual price increase largely to the weakened exchange rate of the forint against the euro and the ongoing rise in production input costs.
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