Hungary Producer Price Inflation Surges In November

(RTTNews) - Hungary's produce prices for November grew at the fastest pace since July, data from the Central Statistical Office showed Wednesday.

The industrial producer price index rose 8.2% year-on-year, faster than 7.1% in October. The index climbed for the seventh month in a row. The inflation rate accelerated for the first time in three months.

Prices of domestic sales grew 10.8%, after a 10% increase in the previous month. Export prices rose 5.7%, following a 4.4% gain in October.

Month-on-month, producer prices rose 1.5% in November. It was the first increase in four months.