Industrial producer prices rose 1.3% year-on-year, following a 0.6% increase in June. Prices rose for the second month in a row. Month-on-month, prices edged up 0.2% in July, after rising 0.3% in the previous month. In the domestic market, producer prices declined annually for the fourth consecutive month, down 0.2% each in June and July.
On a monthly basis, prices rose 0.4%. Separately, the statistical office announced that the volume of business investments grew 4.6% annually during the second quarter. Construction investments rose 5.8%, while spending on machinery and equipment increased 2.4%.
– Written by Gábor Pákozdi
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