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PPI up 43.4 percent in August

Hungary's industrial producer price index grew by an annual 43.4 percent in August, picking up from a 37.9 percent increase in the previous month, the Central Statistical Office (KSH) said on Friday.

KSH said factory gate prices rose mainly because of dearer commodity and energy prices, coupled with a weaker forint.

Prices for domestic sale grew by 66.6 percent, while export prices rose by 31.6 percent. KSH attributed the marked difference to the divergent weight of energy industry import and export sales.

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