November PPI up 2.5% from Oct, up 8% yr/yr
Industrial producer prices in Hungary rose 2.5% in November from October and were up 8.0% in twelve months, figures published by the Central Statistics Office (KSH) on Friday show.
Both the monthly and the twelve-month PPI was higher than in October, boosted by export prices. Domestic sales prices rose less than the overall index.
The monthly rise accelerated from 1.9% in October. The producer prices rose 3.3% a month in September following below-1% rises or drops in the previous ten months.
In a twelve-month comparison, the 8.0% PPI increase followed a 7.0% increase in October. The twelve-month rise picked up steeply in the last two months from 4.1% in September and slight drops in the preceding three months.
ADVERTISEMENT
MOL to Plow HUF 50 bln Into Reverse Vending Machine Rollout
Sport Now 'Strategic Sector' for Hungary - Minister
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.
