Bloomberg News

Hungary’s Producer Prices Decline for Third Month in August

September 29, 2011

Sept. 29 (Bloomberg) -- Hungarian producer prices, an early indicator of inflation trends, dropped for a third consecutive month in August.

Factory-gate prices fell 0.1 percent from a year earlier, the Budapest-based statistics office said today in an e-mail. The median estimate of five economists surveyed by Bloomberg was for a 0.2 percent rise. Prices rose 0.7 percent in the month.

--Editor: James M. Gomez

To contact the reporter on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net

To contact the editor responsible for this story: James Gomez at jagomez@bloomberg.net


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