Hungarian industrial producer prices up 8.1 pc yr/yr in August

Industrial producer prices rose by 8.1 percent in August from the same month a year earlier, pushed up by increasing wages, higher oil prices and the weakening of the forint, the Central Statistical Office (KSH) said on Friday.

Prices for domestic sales were up 8.3 percent while export prices rose by 8.0 percent.

In a month-on-month comparison, industrial producer prices were down 0.1 percent as domestic prices rose by 0.7 percent and export prices fell by 0.5 percent.

In January-August 2018, industrial producer prices rose by an annual 5.3 percent as domestic prices increased by 5.4 percent and export prices were up 5.3 percent.

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Source: MTI