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Hungary PPI Accelerates to 7.5 % in June

2018.07.31.

Industrial producer prices rose by an annual 7.5 percent in June, up from 5.3 percent in May, the Central Statistical Office (KSH) said on Tuesday.

The June figure accelerated at the fastest rate in several years. KSH attributed the big increase to the 8 percent rise in the minimum wage from the start of 2018, higher oil prices and the weaker forint. The index for domestic sales rose by 7.3 percent while export sales went up by 7.6 percent.

In the January-June period, producer prices rose by 4.4 percent year on year.

 

via MTI

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