KSH: Industrial producer prices rose by 22.4 percent in February

By: Trademagazin editor Date: 2022. 03. 31. 11:19

In February, domestic sales prices were 35.6 percent higher in HUF and export prices were 15.7 percent higher than a year before. Industrial producer prices rose by an average of 22.4 percent in one year, the Central Statistical Office (KSH) announced on Thursday.

Industry prices rose sharply on an annual basis

The pace of price rises was mainly driven by rising commodity and energy prices and wages, the report said.

Compared to the previous month, domestic sales prices increased by 1.5 percent, export sales prices by 1.2 percent and industrial producer prices by 1.3 percent. The rise in domestic prices moderated after a sharp rise of 4.5 percent in January, while export prices rose from a fall of 1.4 percent in January. (MTI)