Domestic output prices rose by 3.0% on average, within which prices in manufacturing (representing a weight of 67%), and prices in the energy industry (gas, electricity and steam supply, with a weight of 28%), both rose by 2.8% compared to a year earlier.

Of the end-use groups of the producing branches of industry, as defined by the KSH, prices in Hungary increased by 2.2% in energy and intermediate producing, by 3.5% in capital goods producing, and by 5.3% in consumer goods producing branches.

Within the manufacturing sector, factory gate prices rose 0.3% year-on-year in June. Prices of the transport equipment segment were down 1.3%, while prices in the computer, electronic and optical products segment were up 0.1%. Prices in the food, beverages and tobacco segment were up 4.7%, while prices in the gas, electricity and steam supply segment fell 1.8%.

Export output prices decreased by 1.2% compared to June of the previous year, within which prices declined by 0.5% in manufacturing (representing a weight of 96%), and – owing to annual price changes in the international electricity market – by 16% in the energy industry (with a weight of 4.1% in exports).

In a month-on-month comparison, industrial producer prices were down 0.6% overall from May, as domestic prices fell 0.8% and export prices slipped 0.6%.

In January–June 2019, compared to the first half of 2018, domestic output prices went up by 5.2% and export output prices by 1.5%, making industrial producer prices as a whole 2.7% higher in H1.

Industrial producer prices for July 2019 will be published by the KSH on September 2.