Hungary's producer price inflation rose to 3.6 percent year-on-year in August 2020 from 3.4 percent in the previous month, as cost of both electricity, gas, steam and air-conditioning supply (-3.6 percent vs -5.8 percent in July) and water collection, treatment and supply (-1.4 percent vs -1.6 percent) fell at a softer pace. Meanwhile, prices slowed for manufacturing (4.8 percent vs 5.0 percent) and mining and quarrying (4.6 percent vs 7.2 percent). On a monthly basis, producer prices went up 0.7 percent, the same pace as in the prior month. source: Hungarian Central Statistical Office

Producer Prices Change in Hungary averaged 2.84 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 October of 2020.

Producer Prices Change in Hungary is expected to be 2.50 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 2.80 in 12 months time. In the long-term, the Hungary Producer Prices Change is projected to trend around 2.70 percent in 2021 and 2.80 percent in 2022, according to our econometric models.

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Hungary Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.40 11.30 -3.50 2001 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-30 07:00 AM May 1.7% 3.7% 3.6%
2020-08-04 07:00 AM Jun 3.1% 1.7% 2.7%
2020-09-02 07:00 AM Jul 3.4% 3.1% 2.9%
2020-09-30 07:00 AM Aug 3.6% 3.4% 3.2%
2020-11-02 08:00 AM Sep 3.6% 2.5%
2020-12-01 08:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Hungary Producer Inflation Rises to 4-Month High
Hungary's producer price inflation rose to 3.6 percent year-on-year in August 2020 from 3.4 percent in the previous month, as cost of both electricity, gas, steam and air-conditioning supply (-3.6 percent vs -5.8 percent in July) and water collection, treatment and supply (-1.4 percent vs -1.6 percent) fell at a softer pace. Meanwhile, prices slowed for manufacturing (4.8 percent vs 5.0 percent) and mining and quarrying (4.6 percent vs 7.2 percent). On a monthly basis, producer prices went up 0.7 percent, the same pace as in the prior month.
2020-09-30
Hungary Producer Prices Rise at Faster Pace
Hungary's producer price inflation picked up to 3.4 percent year-on-year in July 2020 from 3.1 percent in the previous month, as cost rose at a faster pace for both manufacturing (5.0 percent vs 4.9 percent) and mining and quarrying (7.2 percent vs 4.4 percent). On the other hand, prices continued to fall for electricity, gas, steam and air-conditioning supply (-5.8 percent vs -7.7 percent) and water collection, treatment and supply (-1.6 percent vs -1.2 percent). On a monthly basis, producer prices increased 0.7 percent for a second straight month.
2020-09-02
Hungary Producer Inflation Rises to 3.1% in June
Producer prices in Hungary increased 3.1 percent year-on-year in June 2020, following a 1.7 percent rise in the previous month. The development of prices was influenced by economic trends having changed owing to the coronavirus epidemic as its impact was felt in money and commodity markets. Prices advanced further for manufacturing (4.9 percent vs 3.5 percent on May) and mining & quarrying (4.4 percent vs 2.1 percent). In addition, cost of electricity and gas supply fell less (-7.7 percent vs -9.1 percent) while water supply prices continued to drop (-1.2 percent, the same as in May). On a monthly basis, producer prices went up 0.7 percent, rebounding from a 1.4 percent decline in the prior month.
2020-08-04
Hungary Producer Inflation Eases to 7-Month Low in May
Producer prices in Hungary rose 1.7 percent year-on-year in May 2020, easing from a 3.7 percent increase in the previous month. It was the lowest producer inflation rate since October last year, due to the coronavirus pandemic as its impact was felt in money and commodity markets. Prices slowed for manufacturing (3.5 percent vs 5.6 percent in April) and mining & quarrying (2.1 percent vs 6.1 percent). In addition, cost dropped further for electricity and gas supply (-9.1 percent vs -7 percent) and water supply (-1.2 percent vs -1.1 percent). On a monthly basis, producer prices went down 1.4 percent, after a 0.4 percent rise in the prior month.
2020-06-30

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.