Hungary Producer Inflation Hits 14-Month High

Producer prices in Hungary rose by 4.8% year-on-year in August 2026, marking the fastest increase since June 2025 and accelerating from a 1.0% gain in the previous month. Prices increased sharply for both domestic (5% vs 2.5% in July) and non-domestic output (4.7% vs 0.3%). By sector, producer inflation accelerated for electricity, gas, steam and air-conditioning supply (23.8% vs 9.7%), while costs rebounded for manufacturing (1.6% vs -0.8%). Price growth also rose faster for water collection, treatment and supply (3.9% vs 3.5%). In contrast, prices declined further for mining and quarrying (-2.8% vs -2.6%). On a monthly basis, producer prices grew by 2.9% in August, following a 1.4% gain in the preceding period.

Producer prices in Hungary rose 1.0% year-on-year in July 2026, the most since March, rebounding from a 0.4% fall in the previous month. Prices for domestic output increased at a faster rate (2.5% vs 1.8% in June), while prices for non-domestic output rebounded (0.3% vs -1.4%). By sector, prices in mining and quarrying (-2.6% vs -3.1%) and manufacturing (-0.8% vs -2.2%) fell at a slower pace. At the same time, price growth accelerated in electricity, gas, steam and air-conditioning supply (9.7% vs 8.8%) and water collection, treatment and supply (3.5% vs 2.5%). On a monthly basis, producer prices jumped 1.4%, following a 0.1% increase in June.

Producer prices in Hungary decreased by 0.4% year-on-year in June 2026, following a 0.7% decline in the previous month. Non-domestic output prices continued to fall, albeit at a slower pace (-1.4% vs -1.8% in May), while growth in domestic output prices eased (1.8% vs 1.9%). By sector, prices in mining and quarrying declined (-3.1% vs 0.4%), while inflation for water collection, treatment and supply eased (2.5% vs 2.7%). Meanwhile, the decline in overall industrial producer prices moderated (-0.4% vs -0.7%), while price growth for electricity, gas, steam and air-conditioning supply accelerated (8.8% vs 7.5%). Manufacturing producer prices remained in decline at 2.2%. On a monthly basis, producer prices ticked up by 0.1%, reversing a 1.7% decline in the previous month.