KSH: Hungary’s PPI up 1.5% in June
Hungary’s industrial producer prices saw a year-on-year rise of 1.5% in June, with domestic prices falling 1.1% and exports prices growing 2.9%, the Central Statistical Office (KSH) said today in a report.
KSH said that domestic industrial sales prices decreased by 1.1%, while prices in manufacturing fell by 0.5% and prices in electricity, gas, steam and air-conditioning supply, representing significant weight, by 2.5%.
In domestic sales, out of the end-use groups of the producer branches of industry, prices decreased in energy and intermediate (1.7%) and consumer goods producer branches (0.2%), and were up in capital goods producer branches (1.6%), KSH said.
Industrial export sales prices were up by 2.9% and manufacturing prices within these by 3.1% on average, while prices in electricity, gas, steam and air-conditioning supply fell by 1.8%, KSH added.
In a month-on-month comparison, producer prices rose 1.3% as domestic prices were up 0.5% and export prices increased 1.8%.
In the first half of the year, producer prices fell 1.0% as domestic prices dropped 3.1% and export prices inched up 0.2%.
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.