Hungarys industrial producer prices rose by 7.5% y/y in December 2011, slightly easing their growth from 8% a month earlier, the statistics office said. On a monthly basis, however, prices declined by 0.5%, after increasing by 2.5% in November. Domestic producer prices grew by 7.4% y/y and export prices, measured in HUF, climbed by 7.5% y/y in December. Prices in the manufacturing sector, which traditionally determines the overall price dynamics, were up 7.5% y/y in December, with both domestic and export sale prices advancing by 8.2% y/y and 7.2% y/y, respectively. In cumulative terms, industrial PPI rose by 4.2% y/y in 2011 with domestic sales prices being up by 6.2% y/y and export sales - by 2.8% y/y. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more