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Industrial producer prices up 7.2%

Hungary's industrial producer prices rose 7.2% in April from the same month a year earlier, the Central Statistics Office (KSH) said on Friday. The twelve-month increase decelerated from 9.1% in March, 8.4% in February and 5.7% in January.

Twelve-month forint-term export prices rose 10.4% in April and domestic sales prices rose 2.5%.

In a month-on-month comparison, industrial producer prices fell 1.9% in April.

Forint-term export prices decreased 2.7% from March and domestic sales prices decreased 0.9%.

The rise in export prices show the effect of the forint's 3.0 weakening against the euro and 4.2% softening versus the dollar in April. Compared to twelve months earlier, the forint slipped 16.3% against the euro and 38.9% against the dollar. (MTI-ECONEWS)