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Friday, January 04, 2008

Hungary Producer Prices November 2007

Hungary's industrial producer prices inflation rose to 0.7% month on month in November from 0.3% in October, and to 0.4% from -1.4% year on year, the Central Statistics Office (KSH) reported on Friday.

Domestic price inflation was also higher, 0.9% m/m (vs. 0.8% in Oct) and 5.4% yr/yr (vs. 4.0% in Oct). Producer prices in the manufacturing industry climbed further up by 1.3% m/m against a 1.1% increase in Oct. Export sales prices in November fell by 3.6% yr/yr against a fall of 5.7% in the previous month and +2.7% in Nov 2006. In monthly terms the KSH reported a 0.6% rise, following a 0.1% fall in Oct and -1.6% m/m in Nov 2006.

Food price inflation rose to 11.5% yr/yr from 9.9% in the previous month.

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