Domestic output prices increased by 8.5% on average in July, year-on-year, within which the prices of manufacturing, representing a weight of six-tenths, rose by 9.2%, while the prices of the energy industry (electricity, gas, steam, and air conditioning supply), with a weight of over one-third, rose by 7.8% compared to a year earlier.
Of the end-use groups of the producing branches of industry, prices in Hungary increased by 11% in energy and intermediate producing, by 5.6% in capital goods producing, and by 1.3% in consumer goods producing branches, said the KSH.
Industrial export prices rose by 8.4% compared to July of the previous year, within which prices were up by 7.8% in manufacturing (representing a weight of 96.4%), and by 20% in the energy industry (with a weight of 3.4%), owing to branch-specific market effects.
In January–July 2018, compared to January–July 2017, domestic industrial output prices increased by 5.0%, and export prices by 4.9%, so that industrial producer prices as a whole were 4.9% higher in the first seven months of the year.
Industrial producer prices for August 2018 will be published by the KSH on September 28.
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