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Industrial prices are up in Hungary

D&T
July 31, 2017

Industrial producer prices as a whole were 1.5% higher in June 2017 than in the same period of the previous year. Domestic output prices increased by 3.2% on average. Within this, the prices of manufacturing, representing a weight of two-thirds, rose by 4.5% and the prices of energy industry (electricity, gas, steam and air conditioning supply), with a weight of nearly three-tenths, by 0.2% compared to a year earlier. Industrial non-domestic output prices went up by 0.8% compared to June of the previous year.

In June 2017, compared to June 2016, industrial domestic output prices increased by 3.2%. Prices in Hungary rose by 2.6% in energy and intermediate producer branches, by 2.0% in capital goods producer and by 5.6% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices were up by 0.8%. Within this, the prices of manufacturing (representing a weight of 95.1%) rose by 0.9%, while the prices of energy industry (having a weight of 4.6%) were cut by 2.4%.

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