Industrial producer prices rise by 2.1% in November
Industrial producer prices as a whole were 2.1% higher in November 2019 than in the same period of the previous year, according to a report by the Central Statistical Office (KSH).
Industrial domestic output prices were up by 2.5%. Prices in Hungary rose by 0.8% in energy and intermediate producer branches, by 6.3% in capital goods producer and by 6.2% in consumer goods producer branches out of the end-use groups of the producer branches of industry.
Industrial non-domestic output prices were 1.9% higher, within which prices increased by 2.8% in manufacturing, representing a weight of 96%, and – owing to annual price changes in the international electricity market – were cut by 17% in energy industry, with a weight of 4.1%.
In January–November 2019 Domestic output prices went up by 3.9% and non-domestic output prices by 1.3%, so industrial producer prices as a whole rose by 2.1%, compared to the same period in 2018.
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.