ADVERTISEMENT

KSH: Hungary’s PPI down 1.3% in October

Figures

Image by Pixabay

Hungary’s industrial producer price index (PPI) was decreased by a year-on-year 1.3% in October, with domestic sales prices being 3.8% lower and export sales prices remaining unchanged, Hungary’s Central Statistical Office reported today.

In year-on-year terms, industrial domestic sales prices decreased by 3.8%, manufacturing prices by 4.4% and prices in electricity, gas, steam and air-conditioning supply, representing significant weight, by 3.1%, KSH said.

Regarding domestic sales, prices were cut by 5.6% in energy and intermediate producer branches and were up 2.3% in capital and 0.6% in consumer goods producer branches, KSH reported.

Industrial export sales prices stagnated, within which manufacturing prices rose slightly (0.1%) and prices in electricity, gas, steam and air-conditioning supply decreased by 2.5%, KSH added.

In the first ten months of the year, domestic sales prices fell by 3.1%, export sales prices rose by 0.3% and industrial producer prices as a whole decreased by 0.9% compared to a year earlier, the KSH report shows.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.