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KSH: Hungary’s PPI down 1.3% in October

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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.

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