Hungary’s industrial prices rise 1.5% in June

Figures

Hungary’s industrial producer prices grew by 1.5% in June on average, as compared to the same period a year earlier, the Central Statistical Office (KSH) said today in a first release of data.

Domestic output prices increased by 3.2% on average, with the prices of manufacturing rising by 4.5% and the prices of energy industry growing by 0.2%. Prices in Hungary rose by 2.6% in energy and intermediate producer branches, by 2.0% in capital goods producer and by 5.6% in consumer goods producer branches out of the end-use groups of the producer branches of industry, according to KSH.

Industrial non-domestic output prices went up by 0.8% in June, as compared to the same month a year earlier, KSH said. The prices of manufacturing (representing a weight of 95.1%) rose by 0.9%, while the prices of energy industry (having a weight of 4.6%) were cut by 2.4%, according to KSH.

In the January-June period, domestic output prices increased by 5.5% and non-domestic output prices by 2.1%, so industrial producer prices as a whole were 3.2% higher, as compared to the same period a year earlier, data by KSH shows.

ADVERTISEMENT

IWG Opens New Regus Center in Biatorbágy Analysis

IWG Opens New Regus Center in Biatorbágy

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

MNB Grants License to Local iBanFirst Fintech Branch Fintech

MNB Grants License to Local iBanFirst Fintech Branch

Meet the Expat CEO of the Year Nominees Awards

Meet the Expat CEO of the Year Nominees

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.