Illustration – Photo: mercedes-benz.hu

Industrial producer prices down 6.8 percent

Factory gate prices in Hungary dropped by an annual 6.8 percent in January, falling for the sixth month in a row after rising for years, the Central Statistical Office (KSH) said on Thursday.

Prices for domestic sale fell by 7.6 percent, while export prices declined by 6.3 percent.

Month on month, industrial producer prices edged up by 0.3 percent as prices for domestic sale fell by 1.1 percent and export prices rose by 1.0 percent.

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