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Industrial PPI accelerates to 28.8 percent in April

Industrial producer prices in Hungary rose by an annual 28.8 percent in April, picking up from a 25.9 percent increase in the previous month, the Central Statistical Office (KSH) said on Tuesday.

KSH said industrial prices rose mainly because of dearer raw materials and energy prices, higher wages and a weaker forint.

Prices for domestic sale climbed 42.6 percent. Export prices rose by 21.8 percent.

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