Producer prices in Hungary jumped 28.8 percent year-on-year in April of 2022, quickening from a 25.9 percent surge in the previous month. It was the fastest producer inflation rate since records began in January of 2001, as prices continued to climb for manufacturing (20 percent vs 16.5 percent); and water collection, treatment, and supply (1.1 percent vs 1 percent). Meanwhile, prices eased for electricity, gas, steam, and air conditioning supply (94.8 percent vs 100.8 percent), and mining (37.3 percent vs 38.7 percent). On a monthly basis, producer prices inched up by 2.9 percent, slowing from a 4.8 percent rise in the previous month. source: Hungarian Central Statistical Office
Producer Prices Change in Hungary averaged 3.74 percent from 2001 until 2022, reaching an all time high of 28.80 percent in April of 2022 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 June of 2022.
Producer Prices Change in Hungary is expected to be 8.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Producer Prices Change is projected to trend around 2.80 percent in 2023, according to our econometric models.