Automotive sector output in Hungary edges up 1.6% y/y in February
10 hours ago
Import prices in Slovenia increased by 0.8% m/m and 3.8% y/y in June, the country's statistical office announced on July 30.
The increase in annual terms was largely due to an interest in oil and gas prices; prices in the crude petroleum and natural gas category soared by 30.9% compared to June 2017.
Meanwhile, the largest annual decrease was in prices of computer, electronic and optical products (by 4.9%).
According to the statistical office's newest data, in June against May, import prices increased the most for electricity, gas, steam and air conditioning (by 11.8%), followed by crude petroleum and natural gas products (by 8.4%). Import prices decreased the most for wearing apparel (by 3.2%).
In monthly terms, import prices were up as prices of products imported from the non-euro area rose by 0.9%, while prices of products supplied from the eurozone increased 0.7%. Meanwhile, in annual terms, import prices increased as prices of products supplied from the euro area and from non-euro area countries went up by 4.6% and 2.9%, respectively.
As regards groups of activities showing the dynamics of prices by end-use, energy prices increased the most (by 6.2%), followed by intermediate goods prices (by 0.8%) and capital goods prices (by 0.1%), while consumer goods prices went down by 0.4%.
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Data
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
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Slovak inflation eased further to 2.3% in March
Prices in the alcohol and tobacco sector increased by 19% y/y, including the 9.1% spike in tobacco prices as a result of the new consumption tax.
Polish inflation eases further to 2% y/y in March
The inflation rate landed within the National Bank of Poland’s target of 1.5%-3.5% for a second successive month
CEE falling inflation trend comes to an end
After spiking to 20-year highs thanks to the pandemic and Europe’s Russian induced energy crisis, inflation rates across the EU have tumbled in recent months. That trend has ended and CEE central banks are expected to hike rates again in 2H24.
Hungary’s CPI edges lower, but price pressures remain in service sector
Consumer prices in Hungary rose 3.6% y/y in March, but services' prices rose almost 10%.
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