Published on: 31 January 2018

Industrial producer prices rise by 3.9%

Industrial producer prices as a whole were 3.9% higher in December 2017 than in the same period of the previous year. Domestic output prices increased by 3.6% on average, within which the prices of manufacturing, representing a weight of two-thirds, rose by 5.2%, while the prices of energy industry (electricity, gas, steam and air conditioning supply), with a weight of nearly three-tenths, hardly changed (+0.1%) compared to a year earlier. Industrial non-domestic output prices went up by 4.0% compared to December of the previous year. In 2017 as a whole, industrial producer prices were 3.3% higher than in 2016.

In December 2017 compared to December 2016:

Industrial domestic output prices rose by 3.6%. Prices in Hungary increased by 3.7% in energy and intermediate producer branches, by 2.6% in capital goods producer and by 3.4% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices rose by 4.0%, within which they were up by 3.9% in manufacturing (representing a weight of 95.1%) and by 6.5% in energy industry (having a weight of 4.6%).

In 2017 compared to the previous year:

Industrial producer prices as a whole were 3.3% higher. Domestic output prices rose by 4.7% on average, within which manufacturing prices by 6.7% and prices in energy industry by 0.4% compared to the previous year.

Out of the end-use groups of the producer branches of industry, industrial domestic output prices increased by 5.0% in energy and intermediate producer branches. Prices were up by 2.3% in capital goods producer and by 4.6% in consumer goods producer branches.

Industrial non-domestic output prices went up by 2.6%. Within this, manufacturing prices were 2.5% and prices in energy industry, representing small weight, 4.0% higher.

Industrial price indices

(same period of previous year=100.0%)

(%)

Year, month Domestic output Non-domestic output Producer, total
2016 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
September104.8103.7104.1
October104.5104.4104.5
November104.8104.4104.5
December103.6104.0103.9