Producer price inflation in Hungary climbed to a fresh high of 32.3% yoy in May of 2022, from 28.8% in the previous month, mainly influenced by higher raw materials and energy prices as well as the weakening of the forint versus the euro. Upward pressure came primarily from prices of electricity, gas, steam, and air conditioning supply (91.6% vs 94.8% in April); mining (38.8% vs 37.3% in April) and manufacturing (24.3% vs 20%). Meanwhile, those of water collection, treatment, and supply increased at a much softer pace (1% vs 1.1%). On a monthly basis, producer prices advanced by 2.6%, following a 2.9% rise in the previous month. source: Hungarian Central Statistical Office

Producer Prices Change in Hungary averaged 3.85 percent from 2001 until 2022, reaching an all time high of 32.30 percent in May 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 July 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.

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Hungary Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 07:00 AM Apr 28.8% 25.9% 28%
2022-06-30 07:00 AM May 32.3% 28.8% 31%
2022-08-02 07:00 AM Jun 32.3%


Related Last Previous Unit Reference
Inflation Rate 10.70 9.50 percent May 2022
Inflation Rate Mom 1.70 1.60 percent May 2022
Consumer Price Index CPI 1569.80 1544.90 points May 2022
Core Inflation Rate 12.20 10.30 percent May 2022
Core Consumer Prices 480.00 470.00 points May 2022
GDP Deflator 136.10 137.89 points Mar 2022
Producer Prices 163.40 159.20 points May 2022
Producer Prices Change 32.30 28.80 percent May 2022
Export Prices 118.70 117.80 points Apr 2022
Import Prices 125.30 126.30 points Apr 2022
Food Inflation 19.40 16.20 percent May 2022
CPI Transportation 113.20 113.50 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
32.30 28.80 32.30 -3.50 2001 - 2022 percent Monthly
NSA

News Stream
Hungary Producer Inflation Hits New High
Producer price inflation in Hungary climbed to a fresh high of 32.3% yoy in May of 2022, from 28.8% in the previous month, mainly influenced by higher raw materials and energy prices as well as the weakening of the forint versus the euro. Upward pressure came primarily from prices of electricity, gas, steam, and air conditioning supply (91.6% vs 94.8% in April); mining (38.8% vs 37.3% in April) and manufacturing (24.3% vs 20%). Meanwhile, those of water collection, treatment, and supply increased at a much softer pace (1% vs 1.1%). On a monthly basis, producer prices advanced by 2.6%, following a 2.9% rise in the previous month.
2022-06-30
Hungary Producer Inflation Hits Fresh High
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.
2022-05-31
Hungary Producer Inflation Hits Fresh High
Producer prices in Hungary jumped 25.9 percent year-on-year in March of 2022, quickening from a 22.4 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 electricity, gas, steam, and air conditioning supply (100.8 percent vs 84.4 percent in February), mining (38.7 percent vs 31.5 percent) and manufacturing (16.5 percent vs 14 percent). Meanwhile, costs slowed for water collection, treatment, and supply (1 percent vs 1.8 percent). On a monthly basis, producer prices inched up by 4.8 percent.
2022-05-02