KSH: Hungary’s producer prices fall y.o.y. 1% in January
Industrial producer prices in Hungary dropped by a year-on-year 1% in January, domestic prices fell by 4.4%, while export prices rose by 0.9% the Central Statistics Office (KSH) said on Friday.
Viewing a month-on-month comparison, producer prices fell by 0.4%, domestic prices fell by 1.9%, while export prices grew by 0.4%.
KSH said that in year-on-year terms, factory gate prices in the manufacturing sector edged down by 0.6%, prices in the transport equipment segment were up by 1.8%, and prices in the computer, electronic and optical products segment inched up by 0.7%. Prices in the food, beverages and tobacco segment were down 0.5%, while prices in the gas, electricity and steam supply segment were down 3.7%.
Considering a month-on-month comparison, producer prices in the manufacturing sector were down 0.3%, prices in the transport equipment segment rose by 0.4%, and prices in the computer, electronic and optical products segment rose by 2.8%. Prices in the food, beverages and tobacco segment saw an increase of 0.6%, while prices in the gas, electricity and steam supply segment were down by 1.3% in a month.
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