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Hungary PPI down 0.4% y.o.y. in August

Figures

Industrial producer prices edged down by 0.4% in August from a year earlier, after declining 0.3% in July, the Central Statistics Office (KSH) said yesterday. Domestic prices fell 2.9% and export prices rose 1.2%.

In a month-on-month comparison, producer prices inched up 0.7%, as domestic prices were up 0.2% and export prices rose 1.0%. Year on year, factory gate prices in the manufacturing sector rose 1.2%. Prices in the transport equipment segment rose 2.6%, and prices in the computer, electronic and optical products segment dropped 5.1%.

Prices in the food, beverages and tobacco segment rose 1.4%. Prices in the gas, electricity and steam supply segment were down 9.2%. In a month-on-month comparison, producer prices in the manufacturing sector edged up 0.9%.

Prices in the transport equipment segment edged up 0.9%, and prices in the computer, electronic and optical products segment rose 2.0%. Prices in the food, beverages and tobacco segment inched up 0.3%.

Prices in the gas, electricity and steam supply segment were down 0.1%. For the period January-August, producer prices fell 0.7% year-on-year as domestic prices dropped 2.2% and export prices edged up 0.2%.

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