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Business & Finance

Hungary's June industrial PPI picks up to 3.1pc y/y

  • In the January-June period, industrial producer prices were 3.4pc higher than a year earlier.
Published August 4, 2020

BUDAPEST: Hungary's industrial producer price inflation picked up to 3.1pc year-on-year in June from 1.7pc in May, the Central Statistics Office (KSH) said on Tuesday.

The KSH said the June price changes were driven by the moves of the Hungarian forint as well as other economic developments, such as changes in raw materials prices, due to the coronavirus pandemic.

In the January-June period, industrial producer prices were 3.4pc higher than a year earlier.

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