Industrial producer prices up 4.4% in April

EU

pixabay

Hungary’s industrial producer prices increased by 4.4% in April, compared to the same month a year earlier, with domestic output prices growing by 6.8% on average and non-domestic prices up by 3.4%, according to a first reading of data published this morning by the Central Statistical Office (KSH).

Of the end-use groups of the producer branches of industry, industrial domestic prices of energy were up by 7.4%, while prices were up by 3.3% in capital goods producing, and by 5.6% in consumer goods producing branches, according to KSH data. 

Within non-domestic output prices, those in manufacturing - representing a weight of 95.1% - rose by 3.4%, while prices in the energy industry - having a weight of 4.6% - were up by 2.5%, KSH data show.

In the January-April period, domestic output prices increased by 6.2% and non-domestic output prices by 2.5%, so that industrial producer prices as a whole were 3.7% higher, compared to the equivalent period a year earlier.

ADVERTISEMENT

Business confidence improves as consumer sentiment worsens Analysis

Business confidence improves as consumer sentiment worsens

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

New financial director at Heineken Hungária Appointments

New financial director at Heineken Hungária

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.