Industrial producer prices increased by 2.7% in June 2024 compared to a year earlier and by 1.5% compared to the previous month
Industrial producer prices were 2.7% higher on average in June 2024 compared to one year earlier. Domestic output prices lessened by 0.2%, non-domestic output prices were up by 4.2%. Compared to the previous month, domestic output prices increased by 1.2%, non-domestic output prices by 1.7%, as such industrial producer prices, on the whole, were 1.5% higher.
In June 2024 compared to June 2023:
Domestic output prices decreased by 0.2% on average, within it output prices went up by 2.9% in manufacturing representing a weight of 60.0%, and lessened by 6.5% in the 38.6% weight representing energy industry (electricity, gas, steam and air conditioning supply). Food industry output prices were 2.7% lower.
Prices in Hungary fell by 1.4% in the energy and intermediate producer branches together, rose by 5.6% in capital goods producer ones, and by 0.6% in consumer goods producer branches out of the end-use groups of the producer branches of industry.
Industrial non-domestic output prices were 4.2% higher, within it, prices were up by 5.6% in the 82.9% weight representing manufacturing, and fell by 5.8% in the energy industry, with a weight of 16.7%.
In January–June 2024 compared to January–June 2023:
Domestic output prices lessened by 4.6%, non-domestic output ones by 1.0%, as such industrial producer prices on the whole were 2.3% lower.
Industrial price indices
(same period of the previous year = 100.0)
(%)
| Year, month | Domestic output | Non-domestic output | Producer price index, total |
|---|---|---|---|
| 2023 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 |
| May | 96.1 | 101.7 | 99.8 |
| June | 99.8 | 104.2 | 102.7 |