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

Hungarian industrial producer prices through the first eight months of the year rose by 3.4pc over the same period in 2019, according to the Hungarian Central Statistical Office (KSH). 

 

This increase reflected domestic output prices rising by 0.5pc and non-domestic output prices climbing by 4.9pc in January-August, compared to the same period in 2019. 

In August alone, industrial producer prices increased by 3.6pc from a year earlier. Hungary’s domestic output prices were nearly flat, rising a mere 0.4pc last month over August 2019, with the manufacturing sector rising by 1.9pc and comprising 63pc of the total rise. 

 

Non-domestic output prices in August increased by 5.2pc over the year before, with the manufacturing sector jumping by 5.7pc and representing 95pc of the total rise, KSH reported. 

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