Hungary's annual producer inflation rose to 8.1 percent in February of 2021 from 6.6 percent in February. It was the highest producer inflation since August of 2018, mainly due to the weakening of the forint against the euro. Upward pressure came from cost of manufacturing (7.2 percent vs 6.5 percent in January) and electricity, gas, steam and air-conditioning supply (13 percent vs 5.3 percent). On the other hand, prices eased for mining & quarrying (1.4 percent vs 4.8 percent) and cost decreased for water collection, treatment and supply (-2.5 percent vs -1 percent). On a monthly basis, producer prices were up 1.6 percent, after increasing 0.7 percent in the previous month. source: Hungarian Central Statistical Office

Producer Prices Change in Hungary averaged 2.93 percent from 2001 until 2021, reaching an all time high of 11.30 percent in January of 2001 and a record low of -3.50 percent in March of 2010. This page provides the latest reported value for - Hungary Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hungary Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Producer Prices Change in Hungary is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Hungary to stand at 2.70 in 12 months time. In the long-term, the Hungary Producer Prices Change is projected to trend around 2.80 percent in 2022, according to our econometric models.

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Hungary Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
8.10 6.60 11.30 -3.50 2001 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-06 08:00 AM Nov 5.5% 5.9% 5.6%
2021-02-02 08:00 AM Dec 6.8% 5.5% 5.5%
2021-03-02 08:00 AM Jan 6.6% 6.8% 6.4%
2021-03-31 07:00 AM Feb 8.1% 6.6% 7%
2021-04-30 07:00 AM Mar 8.1%
2021-05-31 07:00 AM Apr
2021-06-30 07:00 AM May
2021-08-02 07:00 AM Jun


News Stream
Hungary Producer Inflation Rises to 2-1/2-Year High of 8.1%
Hungary's annual producer inflation rose to 8.1 percent in February of 2021 from 6.6 percent in February. It was the highest producer inflation since August of 2018, mainly due to the weakening of the forint against the euro. Upward pressure came from cost of manufacturing (7.2 percent vs 6.5 percent in January) and electricity, gas, steam and air-conditioning supply (13 percent vs 5.3 percent). On the other hand, prices eased for mining & quarrying (1.4 percent vs 4.8 percent) and cost decreased for water collection, treatment and supply (-2.5 percent vs -1 percent). On a monthly basis, producer prices were up 1.6 percent, after increasing 0.7 percent in the previous month.
2021-03-31
Hungary Producer Inflation Slows to 6.6% in January
Hungary's annual producer inflation eased to 6.6 percent in January of 2021 from 6.8 percent in December, amid a slowdown in prices of manufacturing (6.5 percent vs 6.8 percent) and electricity, gas, steam and air-conditioning supply (5.3 percent vs 5.7 percent). In addition, costs decreased for water collection, treatment and supply (-1 percent vs -1.5 percent). On the other hand, prices advanced faster for mining & quarrying (4.8 percent vs 2.2 percent). On a monthly basis, producer prices were up 0.7 percent, after increasing 1 percent in the previous month.
2021-03-02
Hungary Producer Inflation Highest since 2018
Hungary's annual producer inflation rose to 6.8 percent in December of 2020 from 5.5 percent in the previous month. It was the highest producer inflation since August of 2018, pushed up by prices of manufacturing (6.8 percent vs 5.9 percent in November); electricity, gas, steam and air-conditioning supply (5.7 percent vs 2.2 percent) and mining & quarrying (2.2 percent vs 2.1 percent). In contrast, costs continued to fall for water collection, treatment and supply (-1.5 percent, the same pace as in November). On a monthly basis, producer prices increased 1 percent, after being flat in the previous month.
2021-02-02
Hungary Producer Inflation Softens to 5.5% in November
Hungary's annual producer inflation eased to 5.5 percent in November of 2020 from 5.9 percent in the prior month. Prices slowed for manufacturing (5.9 percent vs 6.6 percent in October) and mining (2.1 percent vs 3.2 percent) while cost fell for water collection, treatment and supply (-1.5 percent, the same pace as in October). Meanwhile, inflation quickened for electricity, gas, steam and air-conditioning supply (2.2 percent vs 1.2 percent). On a monthly basis, producer prices were flat, after increasing 0.7 percent in the previous month.
2021-01-06

Hungary Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.