Hungary's Jan PPI steady at 35% y/y -stats

Kitco Media
By Reuters
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Updated:
Reuters
BUDAPEST, March 1 (Reuters) - Hungary's industrial producer price inflation was broadly unchanged at an annual 35% in January, the Central Statistics Office (KSH) said on Wednesday. Domestic PPI in rose to 64.7% year-on-year, driven by a significant price increase in the energy industry, as well as higher raw materials prices and the weakening of the forint, the KSH said. Export PPI came in at 20.5% year-on-year. Prices rose in January by 0.8% from the previous month, it said, driven by a surge in domestic prices. (Reporting by Gergely Szakacs)

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