Industrial producer prices rise by 2.2%
Industrial producer prices as a whole were 2.2% higher in September 2019 than in the same period of the previous year. The development of prices was influenced by changes in world market prices of raw and base materials and by wage growth. Domestic output prices increased by 2.3% on average, within which the prices of manufacturing, representing a weight of 67%, rose by 3.1% and those of energy industry (electricity, gas, steam and air conditioning supply), with a weight of 28%, by 0.2% compared to a year earlier. Non-domestic output prices went up by 2.1% compared to September of the previous year.
In September 2019 compared to September 2018:
Industrial domestic output prices were up by 2.3%. Prices in Hungary rose by 0.6% in energy and intermediate producer branches, by 5.7% in capital goods producer and by 5.8% in consumer goods producer branches out of the end-use groups of the producer branches of industry.
Industrial non-domestic output prices were 2.1% higher, within which prices increased by 3.0% in manufacturing, representing a weight of 96%, and – owing to annual price changes in the international electricity market – were cut by 18% in energy industry, with a weight of 4.1%.
In January–September 2019 compared to January–September 2018:
Domestic output prices went up by 4.3% and non-domestic output prices by 1.2%, so industrial producer prices as a whole rose by 2.2%.
Industrial price indices
(same period of previous year=100.0)
(%)
| Year, month | Domestic output | Non-domestic output | Producer price index, total |
|---|---|---|---|
| 2018 September | 108.2 | 106.0 | 106.7 |
| October | 108.2 | 105.4 | 106.4 |
| November | 106.7 | 104.3 | 105.1 |
| December | 106.2 | 103.9 | 104.7 |
| 2019 January | 105.9 | 102.9 | 103.8 |
| February | 105.2 | 101.5 | 102.7 |
| March | 105.5 | 101.4 | 102.7 |
| April | 106.4 | 103.0 | 104.1 |
| May | 105.4 | 101.4 | 102.7 |
| June | 103.0 | 98.8 | 100.1 |
| July | 102.8 | 99.1 | 100.3 |
| August | 102.4 | 100.2 | 100.9 |
| September | 102.3 | 102.1 | 102.2 |