Hungary's annual producer inflation eased to 5.5 percent in November of 2020 from 5.9 percent in the prior month. Prices slowed for manufacturing (5.9 percent vs 6.6 percent in October) and mining (2.1 percent vs 3.2 percent) while cost fell for water collection, treatment and supply (-1.5 percent, the same pace as in October). Meanwhile, inflation quickened for electricity, gas, steam and air-conditioning supply (2.2 percent vs 1.2 percent). On a monthly basis, producer prices were flat, after increasing 0.7 percent in the previous month. source: Hungarian Central Statistical Office
Producer Prices Change in Hungary averaged 2.88 percent from 2001 until 2020, reaching an all time high of 11.30 percent in January of 2001 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 January of 2021.
Producer Prices Change in Hungary is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Hungary to stand at 2.70 in 12 months time. In the long-term, the Hungary Producer Prices Change is projected to trend around 2.80 percent in 2022, according to our econometric models.