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PPI down 2.3 percent in August

Factory gate prices in Hungary edged down by an annual 2.3 percent in August, falling for the first time in years, data released by the Central Statistical Office (KSH) on Thursday show.

Prices for domestic sale climbed by 8.6 percent, boosted by energy prices, while export prices fell by 7.6 percent.

In a month-on-month comparison, factory gate prices rose by 0.7 of a percent as prices for domestic sale inched up 0.3 percent and export prices increased by 0.9 percent.

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