KSH: Hungary’s industrial producer prices down 1.4%
Hungary’s industrial producer prices dropped by 1.4% on average in April, as compared to the same month a year earlier, with domestic sales prices falling 4.7% and export sales prices rising 0.2%, Hungary’s Central Statistical Office KSH said today.
In the first four months of the year, domestic sales prices were cut by 4.4% and export sales prices by 0.2%, making industrial producer prices as a whole 1.6% lower compared to the same period a year earlier.
Data by KSH show that in April, industrial domestic sales prices were down 4.7%, within which manufacturing prices dropped 4.8%, and prices in electricity, gas, steam and air-conditioning supply, representing significant weight, dropped 5.6% as compared to a year earlier.
According to KSH, prices fell by 7.0% in energy and intermediate producer branches, mostly as an effect of price drops in energy producer branches, and were up 2.7% in capital goods producer branches and remained unchanged in consumer goods producer branches.
Industrial export sales prices rose 0.2%, within which manufacturing prices were up 0.7% and prices in electricity, gas, steam and air-conditioning supply dropped by 10.4%, KSH said.
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.