03/11/2011:

Hungary's industrial producer price index jumped from 0.7% to 3.3% month-on-month in September, an unprecedented rate during the past 12 months, the Central Statistics Office reported. The surge is primarily due to price hikes in the automotive industry, petroleum processing and electronic product manufacturing. On a year-on-year basis, the producer price index rose from -0.1% to +4.1% in September.

The report revealed a major increase of the domestic industrial PPI as well: on a month-on-month basis, the index surged from August's 0.3% to 1.7% in September while the year-on-year increase jumped from 3.4% to 5.9%. Meanwhile, the 12-month index was stagnating at 3.6%. Meer informatie