KSH: Hungary's PPI down 0.6% in June
Industrial producer prices edged down by 0.6% in June, after declining 1.1% in May, the Central Statistics Office (KSH) reported yesterday.
KSH said domestic prices fell 2.3% and export prices edged up 0.4%. In a month-on-month comparison, producer prices inched up 0.8% as domestic prices were up 0.3% and export prices rose 1.2%.
Factory gate prices in the manufacturing sector edged up 0.5% y.o.y. Prices in the transport equipment segment rose 2.7%, and prices in the computer, electronic and optical products segment dropped by 7.7%. Prices in the food, beverages and tobacco segment inched up 0.2%. Prices in the gas, electricity and steam supply segment were down 7.0%.
For the period January-June, producer prices fell 0.9% year-on-year as domestic prices dropped 2.1% and export prices declined 0.1%, KSH said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.