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.