Producer price inflation in Hungary climbed to a fresh high of 35 percent from a year earlier in June of 2022, from 32.3 percent in the previous month. Prices advanced faster for mining & quarrying (41.7 percent vs. 38.8 percent in May) and manufacturing (27.8 percent vs. 24.3 percent). On the other hand, prices rose at a softer pace for electricity, gas, steam, and air conditioning supply (88 percent vs. 91.6 percent) and water collection, treatment, and supply (0.9 percent vs. 1.0 percent). Monthly, producer prices advanced by 1.2 percent, following a 0.4 percent rise in the previous month. source: Hungarian Central Statistical Office

Producer Prices Change in Hungary averaged 3.97 percent from 2001 until 2022, reaching an all time high of 35 percent in June 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 August of 2022.

Producer Prices Change in Hungary is expected to be 4.60 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
2022-06-30 07:00 AM May 32.3% 28.8% 31%
2022-07-29 07:00 AM Jun 35% 32.3% 34%
2022-08-31 07:00 AM Jul 35%


Related Last Previous Unit Reference
Inflation Rate 13.70 11.70 percent Jul 2022
Inflation Rate Mom 2.30 1.50 percent Jul 2022
Consumer Price Index CPI 1592.80 1569.80 points Jun 2022
Core Inflation Rate 16.70 13.80 percent Jul 2022
Core Consumer Prices 503.80 490.80 points Jul 2022
GDP Deflator 136.10 137.89 points Mar 2022
Producer Prices 168.40 163.40 points Jun 2022
Producer Prices Change 35.00 32.30 percent Jun 2022
Export Prices 124.30 118.70 points May 2022
Import Prices 131.80 125.30 points May 2022
CPI Transportation 111.70 112.10 points Jul 2022
Food Inflation 28.80 23.10 percent Jul 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
35.00 32.30 35.00 -3.50 2001 - 2022 percent Monthly
NSA

News Stream
Hungary Producer Inflation Hits Fresh Record
Producer price inflation in Hungary climbed to a fresh high of 35 percent from a year earlier in June of 2022, from 32.3 percent in the previous month. Prices advanced faster for mining & quarrying (41.7 percent vs. 38.8 percent in May) and manufacturing (27.8 percent vs. 24.3 percent). On the other hand, prices rose at a softer pace for electricity, gas, steam, and air conditioning supply (88 percent vs. 91.6 percent) and water collection, treatment, and supply (0.9 percent vs. 1.0 percent). Monthly, producer prices advanced by 1.2 percent, following a 0.4 percent rise in the previous month.
2022-07-29
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