Industrial producer prices lessen by 2.0% in April 2024 compared to a year earlier and by 0.9% compared to previous month
Industrial producer prices were 2.0% lower on average in April 2024 compared to one year earlier. Domestic output prices lessened by 5.0% and non-domestic output prices by 0.4%. Compared to the previous month, domestic output prices were cut by 0.3% and non-domestic output prices by 1.2%, so industrial producer prices as a whole were 0.9% lower.
In April 2024 compared to April 2023:
Domestic output prices decreased by 5.0% on average, within which they were up by 0.4% in manufacturing, representing a weight of 60.0%, and dropped by 15.3% in the energy industry (electricity, gas, steam and air conditioning supply), with a weight of 38.6%. Food industry output prices were 5.9% lower.
Prices in Hungary fell by 7.6% in energy and intermediate producer branches together, and rose by 5.3% in capital goods producer and lessened by 1.2% in consumer goods producer branches out of the end-use groups of the producer branches of industry.
Industrial non-domestic output prices were 0.4% lower, within which the prices were up by 4.0% in manufacturing, representing a weight of 82.9%, and decreased by 26.4% in the energy industry, with a weight of 16.7%.
In January–April 2024 compared to January–April 2023:
Domestic output prices lessened by 5.9% and non-domestic output prices by 3.0%, so industrial producer prices as a whole were 4.0% lower.
Industrial price indices
(same period of previous year = 100.0)
(%)
| Year, month | Domestic output | Non-domestic output | Producer price index, total |
|---|---|---|---|
| 2023 April | 141.9 | 103.3 | 115.9 |
| May | 136.5 | 98.9 | 111.2 |
| June | 129.8 | 95.0 | 106.4 |
| July | 119.5 | 92.4 | 101.3 |
| August | 108.6 | 92.4 | 97.7 |
| September | 107.8 | 92.5 | 97.5 |
| October | 100.4 | 90.1 | 93.4 |
| November | 98.1 | 91.1 | 93.4 |
| December | 96.4 | 91.1 | 92.8 |
| 2024 January | 92.4 | 93.7 | 93.2 |
| February | 94.2 | 96.5 | 95.7 |
| March | 94.8 | 98.1 | 97.0 |
| April | 95.0 | 99.6 | 98.0 |