Hungary’s producer prices decreased for the fourth straight month in November, though at a slower pace than the in the previous month, figures from the Hungarian Central Statistical Office showed Wednesday.
The producer price index fell 0.8 percent year-over-year in November, following a 1.3 percent decline in October. In September, prices had dropped 1.5 percent.
Domestic market producer prices dipped 3.1 percent in November from a year ago, while prices in the foreign market rose by 0.5 percent.
In the January to November period, total industrial producer prices slipped 0.9 percent compared with the corresponding period last year.
The material has been provided by InstaForex Company – www.instaforex.com