logo
Plus   Neg
Share
Email

Hungary Producer Price Inflation Rises In June

Hungary's producer prices grew at a faster pace in June after easing in the previous month, figures from the Hungarian Central Statistical Office showed on Tuesday.

The producer price index rose 3.1 percent year-on-year in June, after a 1.7 percent increase May. In April, prices rose 3.7 percent.

The development of prices was influenced by economic trends due to the coronavirus epidemic, their impact was felt in the forint exchange rate changes and the world market prices of raw and base materials, the agency said.

Domestic market producer prices fell 1.1 percent in June, while foreign market prices grew 5.2 percent.

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.

Follow RTT