Published on: 29 September 2017

Industrial producer prices rise by 2.4%

Industrial producer prices as a whole were 2.4% higher in August 2017 than in the same period of the previous year. Domestic output prices increased by 4.1% on average, within which the prices of manufacturing, representing a weight of two-thirds, rose by 5.5% and the prices of energy industry (electricity, gas, steam and air conditioning supply), with a weight of nearly three-tenths, by 1.0% compared to a year earlier. Industrial non-domestic output prices went up by 1.6% compared to August of the previous year.

In August 2017 compared to August 2016:

Industrial domestic output prices rose by 4.1%. Prices in Hungary increased by 3.9% in energy and intermediate producer branches, by 1.9% in capital goods producer and by 5.3% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices rose by 1.6%, within which the prices of manufacturing (representing a weight of 95.1%) were up by 1.6% and the prices of energy industry (having a weight of 4.6%) by 1.1%.

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

Domestic output prices increased by 4.9% and non-domestic output prices by 1.9%, so industrial producer prices as a whole were 2.8% higher.

Industrial price indices

(same period of previous year=100.0%)

(%)

Year, month Domestic output Non-domestic output Producer, total
2016 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
August104.1101.6102.4