Producer prices in Hungary rose 2.1 percent from a year earlier in November 2019, up from a 1.5 percent increase in the previous month, as prices were higher for manufacturing (2.9 percent vs 2.4 percent). Meanwhile, cost slowed for mining & quarrying (1.3 percent vs 2.6 percent). Also, prices fell for electricity, gas, steam and air-conditioning supply (-3.7 percent vs -5.6 percent) and water supply (-1.3 percent, the same pace as in October). On a monthly basis, producer prices rose 0.4 percent, after dropping 0.1 percent in the prior month.
Producer Prices Change in Hungary averaged 2.82 percent from 2001 until 2019, 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. source: Hungarian Central Statistical Office
Producer Prices Change in Hungary is expected to be 1.80 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 2.90 in 12 months time. In the long-term, the Hungary Producer Prices Change is projected to trend around 2.70 percent in 2020, according to our econometric models.