ADVERTISEMENT

Industrial producer prices up 9.5% yr/yr in July

In Hungary

Hungary's industrial producer prices in July were up 1.2% from June and rose 9.5% year-on-year, the Central Statistics Office (KSH) reported on Wednesday. The monthly increase dropped from 2.4% in June but twelve-month growth rose from 5.3% in May and 7.9% in June.

Producer prices for domestic sale were up 1.1% from June and increased 8.7% year-on-year. Producer prices for industrial export in forint terms rose 1.3% from June and increased 10.1% year-on-year in July.
The forint's weakening was a main factor in the sharp monthly increase in forint-term export prices, the KSH said. The forint weakened 2.1% to the euro and 1.8% to the US dollar in July from June. Compared to July 2005, the forint weakened 12.6% to the euro and 7% to the dollar.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.