
Industrial producer prices up by more than 5 percent
In June 2025 compared to June 2024 domestic output prices increased by 3.3% on average, within it they rose by 3.3% in manufacturing, representing a weight of 62.7%, and by 2.7% in the energy industry (electricity, gas, steam and air conditioning supply), with a weight of 35.4%. Food industry output prices were up by 7.0%.
Prices in Hungary rose by 2.4% in energy and intermediate producer branches together, by 4.0% in capital goods producer and by 5.6% in consumer goods producer branches out of the end-use groups of the producer branches of industry.
Industrial non-domestic output prices were 6.0% higher, within it the prices increased by 2.6% in manufacturing, representing a weight of 91.8%, and by 14.7% in the energy industry, with a weight of 8.0%.
In January–June 2025 compared to January–June 2024 domestic output prices were 4.5% and non-domestic output prices 8.8% higher, in consequence industrial producer prices as a whole went up by 7.4%.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Budapest Times
a day ago
- Budapest Times
Final details confirmed for 3% housing loan program, new state support for public employees
Key eligibility criteria include being over 18, having two years of continuous income and social insurance contributions, which may include employment in a neighboring country for Hungarian commuters. Applicants must not have held full ownership of an urban residential property in the past ten years, with partial ownership capped at 50% or HUF 15 million in property value. The loan is capped at HUF 50 million with a fixed 3% interest rate over a maximum of 25 years. It may be used for buying or building new or used homes, including farmhouses. Price limits are set at HUF 100 million for apartments and HUF 150 million for detached homes or rural properties. A 10% down payment is required, and although beneficiaries must reside in Hungary, permanent residence at the purchased property is not mandatory. Usage rights may not be transferred, but rental is permitted. In addition, the government has introduced an annual HUF 1 million housing support for public service employees—such as teachers, doctors, police officers, and soldiers—which can be applied to mortgage payments or down payments. The benefit will be tax-advantaged, aligned with existing cafeteria rules, and final regulations will be determined at next week's cabinet meeting. The cabinet also extended the rural grocery store support program to settlements with under 5,000 residents. All eligible applicants will receive their requested funding, despite demand exceeding available funds by over HUF 6 billion. Addressing international affairs, Minister Gulyás strongly criticized the recently announced EU-U.S. customs agreement. He argued the deal contradicts Europe's strategic and economic interests, stating that if Hungary had negotiated independently, it would have secured better terms. He criticized the European Commission for overstepping its mandate by committing to investment concessions without proper authorization and labeled the agreement as an example of 'unauthorized administration of power' that also binds the EU to obligations it cannot fulfill.


Budapest Times
a day ago
- Budapest Times
Industrial producer prices up by more than 5 percent
Industrial producer prices were 5.1% higher on average in June 2025 than one year earlier. Domestic output prices were 3.3% and non-domestic ones 6.0% higher than in June of the previous year. The price rise was primarily caused by the annual weakening of the HUF exchange rate against the EUR, as well as by the increase in production costs. Compared to the previous month, domestic output prices went up by 0.6%, non-domestic output prices lessened by 0.5%, as such industrial producer prices as a whole were 0.1% lower. In June 2025 compared to June 2024 domestic output prices increased by 3.3% on average, within it they rose by 3.3% in manufacturing, representing a weight of 62.7%, and by 2.7% in the energy industry (electricity, gas, steam and air conditioning supply), with a weight of 35.4%. Food industry output prices were up by 7.0%. Prices in Hungary rose by 2.4% in energy and intermediate producer branches together, by 4.0% in capital goods producer and by 5.6% in consumer goods producer branches out of the end-use groups of the producer branches of industry. Industrial non-domestic output prices were 6.0% higher, within it the prices increased by 2.6% in manufacturing, representing a weight of 91.8%, and by 14.7% in the energy industry, with a weight of 8.0%. In January–June 2025 compared to January–June 2024 domestic output prices were 4.5% and non-domestic output prices 8.8% higher, in consequence industrial producer prices as a whole went up by 7.4%.


Budapest Times
2 days ago
- Budapest Times
Trade balance deteriorates in June
The surplus was EUR 978 million, the balance decreased by EUR 145 million, year-on-year. The volume of export worsened by 0.7% compared to the same period of the previous year, that of import increased by 6.0%. The seasonally and working-day adjusted export volume decreased by 1.4% compared to 2025. May, while that of import improved by 1.6%. In June 2025 the value of export amounted to EUR 12.3 billion (HUF 4,935 billion), that of import was EUR 11.3 billion (HUF 4,541 billion). In June 2025 compared to a year earlier the value of export increased by 0.1% and that of import improved by 1.4% in EUR terms. According to calendar-adjusted data, the volume of export decreased by 0.7%, that of import increased by 5.9%. The HUF price level of the external trade in goods increased by 2.7% in export and decreased by 2.5% in import, compared to the same month of the previous year. The terms of trade improved by 5.3%. The HUF exchange rate depreciated by 1.9% against the EUR and improved by 4.8% against the US dollar. The export volume of machinery and transport equipment decreased by 1.2%, its import volume improved by 6.8%. The aggregate commodity group of machinery and transport equipment hastened the volume decrease in total turnover by 0.7 percentage points on the export side, and contributed to the total volume increase by 3.2 percentage points in imports. The export volume of manufactured goods decreased by 3.8%, while their import volume improved by 3.8%. The aggregate commodity group of manufactured goods contributed to the volume decrease in total export by 1.1 percentage points and contributed to the total volume growth by 1.4 percentage points in import. The export volume of fuels and electric energy increased by 46%, their import volume was 18% higher than one year earlier. The growth in the turnover of fuels and electric energy counteracted the volume decrease in total turnover by 1.6 percentage points in export and hastened the volume increase in total turnover by 1.5 percentage points in imports. The export volume of food, beverages and tobacco lessened by 4.4%, their import volume increased by 1.5%. The volume change realised by the aggregate commodity group hastened the export volume decrease by 0.3 percentage points and contributed to the total turnover volume increase in import by 0.1 percentage points. The volume of export to the EU-27 member states decreased by 2.9%, the import from there increased by 2.2%. Compared to June 2024 the balance of the external trade in goods decreased all in all by EUR 109 million, generating a surplus of EUR 1.2 billion. This group of countries accounted for 75% of exports and 71% of imports. In the extra-EU-27 trade the volume of export increased by 7.1%, that of import improved by 8.8%. The balance of the external trade in goods with these countries worsened by EUR 36 million, showing a deficit of EUR 179 million. In January–June 2025 compared to one year earlier the volume of export increased by 0.7%, that of import grew by 3.7%. The balance of the external trade in goods decreased by EUR 957 million, the surplus was EUR 6.8 billion. The HUF price level of the external trade in goods increased by 4.5% on the export side, and by 3.2% on the import one, compared to the same period of the previous year. The terms of trade improved by 1.3%. The HUF depreciated against the EUR by 3.8% and by 2.9% against the US dollar.