The Budapest Times
Illustration - Photo: mercedes-benz.hu

Domestic industries hit by climbing food and energy prices

Industrial producer prices were 7.9% higher on average in April 2025 than one year earlier. Domestic output prices were 3.9% and non-domestic output prices 9.9% higher than in April in the previous year. The price rise was primarily caused by the annual weakening of the forint exchange rate against the euro and the increase in production costs. Compared to the previous month, domestic output prices were 1.0% and non-domestic output prices 0.1%, so industrial producer prices as a whole 0.4% lower.

In April 2025 compared to April 2024 domestic output prices increased by 3.9% on average, within which by 3.3% in manufacturing, representing a weight of 62.7%, and by 4.5% in the energy industry (electricity, gas, steam and air conditioning supply), with a weight of 35.4%. Food industry output prices were up by 7.1%.

Prices in Hungary rose by 3.0% in energy and intermediate producer branches together, by 5.9% in capital goods producer and by 5.6% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices were 9.9% higher, within which the prices increased by 4.8% in manufacturing, representing a weight of 91.8%, and by 25.1% in the energy industry, with a weight of 8.0%.

In January–April 2025 compared to January–April 2024 domestic output prices were 5.0% and non-domestic output prices 9.7% higher, so industrial producer prices as a whole were up by 8.1%.

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