Are you sure?

Industrial producer prices up 4.9% yr/yr in February

Hungary’s industrial producer prices rose 4.9% in the twelve months to February after a 4.3% increase in January, the Central Statistics Office (KSH) reported on Monday.

Forint-term export prices were up 0.8% after a 0.5% fall in the preceding month and domestic sales prices rose 10.6% following a 10.8% increase in January. Compared to January, February PPI decelerated from 3.0% to 0.7% last month as export prices increased 0.8% down from 1.5% in January and domestic sales prices climbed 0.5% after a sharp 5.0% hike in the previous month. In 2007, industrial producer prices inched up 0.2% as domestic prices rose 6.4% and forint-term export prices fell 4.8%. (MTI-Econews)