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Factory gate prices up by 29 percent in February

Factory gate prices in Hungary rose by 29.0 percent year-on-year in February, driven by dearer energy and commodities, and the weaker forint, the Central Statistical Office (KSH) said on Friday.

Prices for domestic sales climbed 56.4 percent, boosted by energy prices, while export prices rose by 15.8 percent.

Headline PPI fell from 33.5 percent in January.

In a month-on-month comparison, factory gate prices fell by 2.2 percent as prices for domestic sale were down 1.3 percent and export prices declined 2.6 percent.

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