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HUNGARY PPI UP 43.4% IN AUG

 

Hungary’s industrial producer price index grew by an annual 43.4% in August, picking up from a 37.9% increase in the previous month, the Central Statistical Office (KSH) said on Friday. KSH said factory gate prices rose mainly because of dearer commodity and energy prices, coupled with a weaker forint. Prices for domestic sale grew by 66.6%, while export prices rose by 31.6%. KSH attributed the marked difference to the divergent weight of energy industry import and export sales.