Industrial producer prices increase 11.6% year on year in June
Industrial producer prices in Hungary rose 11.6% year-on-year in June, picking up from the previous month to reach the highest level in years, according to data released by the Central Statistical Office (KSH ).
KSH said the pace of price increases was mainly influenced by rising commodity and commodity prices and the change in the exchange rate of the forint against the euro.
Domestic selling prices increased by 15.4% and export selling prices by 9.7%.
On a month-to-month basis, the PPI rose 1%, with domestic selling prices rising 1.7% and export prices up 0.7%.
SUPPORT BUDAPEST BUSINESS JOURNAL
Producing worthy journalism is an expensive endeavor. For 27 years, the editors, editors and journalists of the Budapest Business Journal have strived to bring you business news that works – information that is reliable, factual, accurate and presented without fear or favor.
News organizations around the world have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ââinvolving their most important stakeholders, their readers.
We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support BBJ button and you can choose how much and how often you send us your contributions.