Factory gate prices fall 4.3 percent in February
Factory gate prices in Hungary dropped by an annual 4.3 percent in February, falling for the seventh month in a row after rising for years, data released by the Central Statistical Office (KSH) on Tuesday show.
Prices for domestic sale fell by 5.8 percent and export prices declined by 3.5 percent.
In a month-on-month comparison, factory gate prices edged up by 0.5 percent as prices for domestic sale were up by 0.7 percent and export prices inched up by 0.3 percent.
Domestic prices of the manufacturing sector, which have a 60.0 percent weight in the PPI, dropped by 2.0 percent year-on-year. Domestic energy prices, which account for 38.6 percent of PPI, fell by 14.1 percent.
Export prices of the manufacturing sector, which have an 82.9 percent weight in the PPI, edged up by 0.7 percent, while energy sector export prices, with a 16.7 percent weight, dropped by 33.1 percent.
