FX.co ★ Hungary Producer Prices at 20-Month Low

In November 2025, Hungary experienced a decline in producer prices by 2.7% compared to the previous year. This is a significant reversal from the 1.8% growth seen in October. It marks the first downturn in producer prices since May 2024 and reaches the lowest point in nearly two years, driven by reductions in costs for both non-domestic (-3.1% compared to a 2.2% rise in October) and domestic output (-1.8% compared to a 0.9% increase). Among different sectors, there was a decrease in prices for manufacturing (-2.7% compared to a slight 0.3% rise previously), as well as for electricity, gas, steam, and air-conditioning supply (-5.6% compared to a 2.4% increase). Prices also continued to fall in the mining and quarrying sector (-3.8% compared to a previous -2.2%). Conversely, costs increased slightly for water collection, treatment, and supply, growing by 3.7% from 3.6%. On a month-to-month basis, producer prices declined by 0.3% in November, following a 0.4% increase in the prior month.