FX.co ★ Hungary Producer Inflation at 5-Month Low

Hungary's annual producer inflation eased to 7.3% in March 2025, down from 8.2% in February, reaching its lowest point since October of the previous year. This deceleration was primarily attributed to reduced price increases in sectors such as mining and quarrying (6.1% compared to 10.9% in February), manufacturing (3.9% versus 4.8%), and electricity, gas, steam supply, and air conditioning (12% compared to 15.3%). On the other hand, there was a quicker rise in costs for water production, treatment, and supply (1.7% compared to 1.4%). Additionally, producer inflation saw a moderation in both domestic output (4.7% vs 5.4%) and non-domestic output (8.6% vs 9.6%). On a month-to-month basis, producer prices decreased by 0.7% in March, following a 0.4% decline from the previous month.