Published on: 31 August 2017

Industrial producer prices rise by 1.2%

Industrial producer prices as a whole were 1.2% higher in July 2017 than in the same period of the previous year. Domestic output prices increased by 2.2% on average, within which the prices of manufacturing, representing a weight of two-thirds, rose by 3.6%, while the prices of energy industry (electricity, gas, steam and air conditioning supply), with a weight of nearly three-tenths, were cut by 1.3% compared to a year earlier. Industrial non-domestic output prices went up by 0.8% compared to July of the previous year.

In July 2017 compared to July 2016:

Industrial domestic output prices rose by 2.2%. Prices in Hungary increased by 1.2% in energy and intermediate producer branches, by 1.3% in capital goods producer and by 5.1% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices rose by 0.8%, within which the prices of manufacturing (representing a weight of 95.1%) were up by 0.9%, while the prices of energy industry (having a weight of 4.6%) were cut by 1.1%.

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

Domestic output prices increased by 5.0% and non-domestic output prices by 1.9%, so industrial producer prices as a whole were 2.9% higher.

Industrial price indices

(same period of previous year=100.0%)

(%)

Year, month Domestic output Non-domestic output Producer, total
2016 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
May104.8101.7102.7
June103.2100.8101.5
July102.2100.8101.2