Hungary's producer price inflation accelerated in May, contrary to economists' forecast for a moderate slowdown, data released by the Central Statistical Office showed Friday.
Producer price inflation quickened to 7.8 percent in May from 7.1 percent in April. Economists were looking for an inflation rate of 7 percent.
Prices in the mining and quarrying industry climbed 17 percent annually during the month, while manufacturing prices rose 7.6 percent. There was a 9.4 percent year-on-year increase in output prices of electricity, gas, steam and air conditioning supply, data showed.
On a monthly basis, output prices moved up 0.8 percent in May, following the previous month's 0.3 percent gain. In the January-May period, Hungarian output prices increased 7.1 percent from the corresponding period a year earlier.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.