Hungary’s producer prices rose 14.4 percent year-on-year in August of 2021, the second highest reading since at least 2001 and slightly below the fresh record of 14.8 percent in the previous month. Prices accelerated for electricity, gas, steam, and air conditioning supply (51.5 percent vs 46.2 percent in July) and mining and quarrying (12.2 percent vs 9.2 percent). On the other hand, producer inflation slowed for manufacturing (9.8 percent vs 10.6 percent) while prices decreased at a slower rate for water collection, treatment, and supply (-1 percent vs -1.1 percent). Foreign output prices eased (12.4 percent vs 13 percent) while the domestic counterparts accelerated (18.5 percent vs 18.3 percent), mainly due to the appreciation of the Forint against the Euro. On a monthly basis, producer inflation fell to 0.4 percent compared to 3.5 percent from July. source: Hungarian Central Statistical Office

Producer Prices Change in Hungary averaged 3.15 percent from 2001 until 2021, reaching an all time high of 14.80 percent in July of 2021 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 October of 2021.

Producer Prices Change in Hungary is expected to be 12.40 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 3.30 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Hungary Producer Prices Change


Calendar GMT Actual Previous Consensus TEForecast
2021-09-02 07:00 AM Jul 14.8% 11.6% 12.8%
2021-09-30 07:00 AM Aug 14.4% 14.8% 15%
2021-11-02 08:00 AM Sep 14.4% 13.3%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Hungary Producer Prices Ease from Record in August
Hungary’s producer prices rose 14.4 percent year-on-year in August of 2021, the second highest reading since at least 2001 and slightly below the fresh record of 14.8 percent in the previous month. Prices accelerated for electricity, gas, steam, and air conditioning supply (51.5 percent vs 46.2 percent in July) and mining and quarrying (12.2 percent vs 9.2 percent). On the other hand, producer inflation slowed for manufacturing (9.8 percent vs 10.6 percent) while prices decreased at a slower rate for water collection, treatment, and supply (-1 percent vs -1.1 percent). Foreign output prices eased (12.4 percent vs 13 percent) while the domestic counterparts accelerated (18.5 percent vs 18.3 percent), mainly due to the appreciation of the Forint against the Euro. On a monthly basis, producer inflation fell to 0.4 percent compared to 3.5 percent from July.
2021-09-30
Hungary Producer Inflation Hits Fresh Record High
Producer prices in Hungary hiked 14.8 percent year-on-year in July of 2021, following an 11.6 percent jump in the previous month. It was the fastest producer inflation since available records began in January of 2001, mostly driven by rising raw materials prices and a weaker exchange rate against the euro. The steepest price hikes were seen in electricity, gas, steam and air-conditioning supply (46.2 percent vs 38.3 percent in June); followed by manufacturing (10.6 percent vs 8.0 percent); and mining (9.2 percent vs 6.8 percent). In contrast, charges went down at a slower pace for water supply (-1.1 percent vs -1.7 percent). On a monthly basis, producer prices advanced 3.5 percent, quickening from a 1.0 percent gain in June.
2021-09-02
Hungary Producer Inflation Highest on Record
Producer prices in Hungary advanced 11.6 percent from a year earlier in June of 2021, following an 11.3 percent jump in the previous month. It was the fastest producer inflation since available records began in January of 2001, mostly driven by rising raw materials prices and a weaker exchange rate against the euro. Upward pressure came from prices of electricity, gas, steam and air-conditioning supply (38.3 percent vs 30.1 percent in May); mining (6.8 percent vs 4.8 percent) and manufacturing (8 percent vs 8.6 percent). Conversely, costs decreased further for water supply (-1.7 percent vs -1.4 percent). On a monthly basis, producer prices inched up 1 percent, after a 0.1 percent drop in the previous month.
2021-08-02

Hungary Last Unit Reference Previous Highest Lowest
Inflation Rate 5.50 percent Sep/21 4.90 31.00 -1.40
Inflation Rate Mom 0.20 percent Sep/21 0.20 2.10 -0.70
Consumer Price Index CPI 1438.90 points Sep/21 1435.90 1438.90 152.40
Core Inflation Rate 4.00 percent Sep/21 3.60 26.31 -0.60
Core Consumer Prices 435.30 points Sep/21 432.20 475.40 102.90
GDP Deflator 128.75 points Jun/21 125.14 128.75 24.28
Producer Prices 129.80 points Aug/21 129.30 129.80 88.40
Producer Prices Change 14.40 percent Aug/21 14.80 14.80 -3.50
Export Prices 108.30 points Jul/21 105.20 111.50 89.80
Import Prices 111.50 points Jul/21 108.40 113.00 89.50
Food Inflation 3.80 percent Sep/21 3.00 18.50 -2.70
CPI Transportation 111.30 points Sep/21 111.10 122.00 89.50


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.