Published on: 3 June 2019

Industrial producer prices rise by 4.1%

Industrial producer prices as a whole were 4.1% higher in April 2019 than in the same period of the previous year. The rate of the price rise was influenced by wage growth, forint exchange rate changes and world petroleum market price trends. Domestic output prices increased by 6.4% on average, within which the prices of manufacturing, representing a weight of 67%, rose by 5.4% and the prices of energy industry (electricity, gas, steam and air conditioning supply), with a weight of 28%, by 8.0% compared to a year earlier. Non-domestic output prices went up by 3.0% compared to April of the previous year.

In April 2019 compared to April 2018:

Industrial domestic output prices were up by 6.4%. Prices in Hungary increased by 7.1% in energy and intermediate producer branches, by 5.1% in capital goods producer and by 4.9% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices rose by 3.0%, within which a price increase of 2.9% occurred in manufacturing, representing a weight of 96%, and – owing to annual price changes in the international electricity market – a price increase of 7.5% in energy industry, with a weight of 4.1%.

In January–April 2019 compared to January–April 2018:

Domestic output prices went up by 5.8% and non-domestic output prices by 2.2%, so industrial producer prices as a whole were 3.3% higher.

Industrial price indices

(same period of previous year=100.0)


Year, month Domestic output Non-domestic output Producer price index, total
2018 April103.2102.5102.7
2019 January105.9102.9103.8