Published on: 31 May 2017

Industrial producer prices rise by 4.4%

Industrial producer prices as a whole rose by 4.4% in April 2017 compared to the same period of the previous year. Domestic output prices were 6.8% higher on average. Within this, the prices of manufacturing, representing a weight of two-thirds, were – as an impact of changes in the world market price of petroleum – 9.5% and the prices of energy industry (electricity, gas, steam and air conditioning supply), with a weight of nearly one-third, 1.0% higher than a year earlier. Industrial non-domestic output prices went up by 3.4% compared to April of the previous year.

In April 2017 compared to April 2016:

Industrial domestic output prices increased by 6.8%. Prices in Hungary rose by 7.4% – because of increases in the world market prices of the extraction and refining of petroleum – in energy and intermediate producer branches, by 3.3% 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 3.4%. Within this, the prices of manufacturing (representing a weight of 95.1%) rose by 3.4% and the prices of energy industry (having a weight of 4.6%) by 2.5%.

In January–April 2017 compared to January–April 2016:

Domestic output prices increased by 6.2% and non-domestic output prices by 2.5%, so industrial producer prices as a whole were 3.7% higher.

Industrial price indices

(same period of previous year=100.0%)

(%)

Year, month Domestic output Non-domestic output Producer, total
2016 April95.3100.298.6
May95.299.297.8
June96.098.197.4
July96.598.397.7
August96.797.497.2
September97.297.597.4
October98.898.798.8
November99.699.599.5
December101.2100.2100.5
2017 January104.3101.2102.2
February107.0102.6104.0
March106.7103.0104.2
April106.8103.4104.4