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PPI down by 6.6 percent in January

Factory gate prices fell by an annual 6.6 percent in November, falling for the fourth month in a row after rising for years, the Central Statistical Office said on Friday.

Domestic prices declined by 1.9 percent, and export prices by 8.9 percent.

KSH noted the impact of the strengthening of the forint against the euro on the producer price index.

Month on month, factory gate prices dropped by 0.8 percent as prices for domestic sale fell by 0.7 percent and export prices slipped by 0.9 percent.

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