FX.co ★ Hungary Producer Inflation Rises Further

In April 2025, Hungary experienced a slight uptick in its annual producer inflation, which rose to 7.9% from 7.3% in March. This marked the eleventh consecutive month of increasing producer prices. The primary contributors to this rise were the increased costs in manufacturing, which climbed to 4.4% from 3.9%, and in water collection, treatment, and supply, which grew to 3.0% from 1.7%. Conversely, price growth showed signs of slowing in mining and quarrying, decreasing to 3.1% from 6.1%, and in the electricity, gas, steam, and air-conditioning supply sector, which fell to 11.0% from 12.0%. Costs for non-domestic output continued to rise, reaching 9.9% from 8.6%, whereas the growth rate for domestic output moderated to 3.9% from 4.7%. On a month-to-month comparison, producer prices saw a decline of 0.4% in April, after a 0.7% decrease in the previous month.