KSH: Food industry sales prices rose by 6.1 percent in January

By: Trademagazin Date: 2025. 02. 28. 11:56

In January 2025, industrial producer prices were up by an average of 9.1 percent compared to a year earlier. Domestic sales prices were up by 6.1 percent and export sales prices were up by 10.6 percent compared to January 2024, the Central Statistical Office (KSH) reported on Friday.

The KSH added that the price increase was primarily caused by the annual weakening of the forint against the euro and the increase in production costs.

Compared to the previous month, domestic sales prices increased by 0.9 percent and export sales prices by 0.2 percent, so industrial producer prices increased by 0.4 percent overall.

Within the average 6.1 percent increase in domestic sales prices, the manufacturing industry, which accounts for 62.7 percent, increased by 6.6 percent, and the energy industry (electricity, gas, steam, air conditioning) with a weight of 35.4 percent, increased by 5.0 percent. The sales prices of the food industry increased by 6.1 percent.

Among the groups of sectors by purpose, prices in the domestic energy and secondary production sectors increased by 6.1 percent, in the capital goods sector by 6.6 percent, and in the consumer goods sector by 5.6 percent.