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

Industrial producer prices rise by 7.3 percent

Industrial producer prices were 7.3% higher on average in March 2025 than one year earlier. Domestic output prices were 4.7% and non-domestic output prices 8.6% higher than in March 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 0.6%, so industrial producer prices as a whole 0.7% lower.

In March 2025 compared to March 2024 domestic output prices increased by 4.7% on average, within which by 4.3% in manufacturing, representing a weight of 62.7%, and by 5.0% in the energy industry (electricity, gas, steam and air conditioning supply), with a weight of 35.4%. Food industry output prices rose by 6.2%.

Prices in Hungary went up by 4.3% in energy and intermediate producer branches together and by 5.4% in both capital goods producer and consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices were 8.6% higher, within which the prices rose by 3.7% in manufacturing, representing a weight of 91.8%, and by 27.3% in the energy industry, with a weight of 8.0%.

In January–March 2025 compared to January–March 2024 domestic output prices were 5.4% and non-domestic output prices 9.6% higher, so industrial producer prices as a whole were up by 8.2%.

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