In May 2025, Hungary experienced a decrease in its annual producer inflation rate, which fell to 6.9% from 7.9% in April. This decline represents the lowest inflation rate since October 2024. The slowdown was driven by more moderate price increases in the manufacturing sector, with rates at 4.2% compared to 4.4% in the previous month, and in the electricity, gas, steam, and air-conditioning supply industry, which saw inflation drop to 7.8% from 11%. However, costs in the mining and quarrying sector surged, rising to 4.9% from 3.1%, and water collection, treatment, and supply costs also saw a modest increase at 3.1% from 3%. Furthermore, inflation for products intended for non-domestic markets eased to 8.3% from 9.9%, while inflation for domestic output remained steady at 3.9%. On a month-to-month comparison, producer prices decreased by 0.7% in May, following a 0.4% decline in April.
The material has been provided by InstaForex Company – www.instaforex.com
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