Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Hungary’s industrial producer price index (IPPI) grew by 8.1pc in February annually while it increased by 1.2pc from January this year, according to Hungarian Central Statistical Office (KSH). 


The country’s domestic output prices grew by 5.2pc in February 2021 from the prior year under which manufacturing increased by 5.1pc. Its non-domestic output prices rose by 9.5pc in February 2021 compared to February 2020, with manufacturing showing a 7.9pc growth, KSH stated. 


Hungary’s intermediate producer prices including energy saw a 5.6pc increase while its capital goods producer prices were up by 4.4pc and consumer goods producer prices increased by 2.2pc in February this year from the same month last year.


Its IPPI in the first two months of 2021 was higher by 7.3pc compared to the same period in 2020. Under this, the domestic output prices in the first two months of 2021 increased by 4.1pc and non-domestic output prices rose by 8.9pc compared to the same two-month period last year, KSH reported. 

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