Published on: 2 March 2021

In January 2021, industrial producer prices rise by 6.6% compared to one year earlier and by 0.7% compared to previous month

Industrial producer prices as a whole were 6.6% higher in January 2021 than a year earlier. The rate of increase of prices was influenced primarily by the weakening of the forint against the euro. Domestic output prices were up by 3.0% and non-domestic output prices by 8.4%. Compared to the previous month, domestic output prices rose by 1.2% and non-domestic output prices by 0.4%, so producer prices as a whole increased by 0.7%.

In January 2021 compared to January 2020:

Domestic output prices were 3.0% higher on average, within which the price rise was 3.1% in manufacturing, representing a weight of 63%, and 1.7% in energy industry (electricity, gas, steam and air conditioning supply), with a weight of 31%.

Prices in Hungary went up by 2.2% in energy and intermediate producer branches together, by 4.8% in capital goods producer and by 2.3% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices were 8.4% higher, within which the price increase was 7.7% in manufacturing, representing a weight of 95%, and – owing to a rise in world market prices and a weakening of the forint – 18% in energy industry, with a weight of 4.5%.

Industrial price indices

(same period of previous year=100.0)


Year, month Domestic output Non-domestic output Producer price index, total
2020 January103.7103.8103.8
2021 January103.0108.4106.6