Industrial producer prices up by nearly 8 percent

In November 2024 compared to November 2023 domestic output prices increased by 3.2% on average, within which those in manufacturing, a section representing a weight of 60.0%, by 4.2% and those in the energy industry (electricity, gas, steam and air conditioning supply), a section with a weight of 38.6%, by 0.5%. Food industry output prices rose by 3.5%.

Prices in Hungary were up by 2.3% in energy and intermediate producer branches together, by 7.9% in capital goods producer and by 3.3% in consumer goods producer branches out of the end-use groups of the producer branches of industry.

Industrial non-domestic output prices were 10.2% higher, within which the prices rose by 6.8% in manufacturing, representing a weight of 82.9%, and by 22.3% in the energy industry, with a weight of 16.7%.

In January–November 2024 compared to January–November 2023 domestic output prices lessened by 2.1% and non-domestic output prices increased by 1.5%, so industrial producer prices as a whole were 0.3% higher.