Industrial producer prices up 4.9% yr/yr in February
Hungary’s industrial producer prices rose 4.9% in the twelve months to February after a 4.3% increase in January, the Central Statistics Office (KSH) reported on Monday.
Forint-term export prices were up 0.8% after a 0.5% fall in the preceding month and domestic sales prices rose 10.6% following a 10.8% increase in January. Compared to January, February PPI decelerated from 3.0% to 0.7% last month as export prices increased 0.8% down from 1.5% in January and domestic sales prices climbed 0.5% after a sharp 5.0% hike in the previous month. In 2007, industrial producer prices inched up 0.2% as domestic prices rose 6.4% and forint-term export prices fell 4.8%. (MTI-Econews)
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.