Hungary’s industrial producer prices edge down 0.1% y/y in Jan 2014, first decline in eight 8 months.

By bne IntelliNews February 28, 2014

Hungary’s industrial producer prices decreased by 0.1% y/y in January 2014, posting their first decline in eight months, the statistics office said. On a monthly basis, prices were up by 0.7% in January, speeding up from a 0.5% m/m rise in December 2013.

The annual drop was driven by a 1.2% y/y fall in domestic prices, while export prices increased by 0.6% y/y. Prices in the manufacturing sector, which traditionally determines the overall price dynamics, advanced by 0.7% y/y on the back of a 0.8% y/y hike in export prices and 0.5% y/y rise in domestic prices.

IntelliNews comment: The dynamics of the PPI inflation points to lower inflationary pressure on consumer prices in the short term. Hungary's consumer prices remained unchanged y/y in January 2014, after increasing 0.4% y/y in December 2013.

Related Articles

Central European banks eye south-eastern expansion

Banking merger and acquisition (M&A) activity in Central Europe is likely to be further limited by the upturn in the region’s economies, industry sources said in comments published on May 29. ... more

Hungarian PM announces generous family support scheme in big election drive

Prime Minister Viktor Orban has outlined ambitious new family policies at the Budapest Demography Forum to challenge Hungary's falling demographics.The government's aim is to increase the number of ... more

EU to fund feasibility study on Slovakia’s proposed Eastring gas link to Balkans

The EU has agreed to help fund a feasibility study on the Eastring pipeline project, which would link Slovakia to the Balkan markets, Slovak transmission system operator Eustream announced on May 26. ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Dismiss