The producer price index (PPI) grew 32.21% year-on-year in November, following a 26.83% rise in October. Prices in the domestic market increased 40.39% yearly in November and those in the non-domestic market gained 18.32%.
Among the main industrial groups, prices for energy surged by 95.84% annually in November.
Prices for durable consumer goods gained 12.18% and those for non-durable consumer goods grew 6.83%.
Prices for intermediate goods and capital goods increased by 24.71% and 9.55%, respectively.
On a monthly basis, producer prices rose 4.93% in November.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
