September 30, 2024 07:12 GMT
HUNGARY: Producer Prices Rise 1.3% M/M in August
HUNGARY
- Hungary's producer prices rose 1.3% m/m in August versus +0.7% in July, according to the Central Statistical Office. On a year-on-year basis, prices rose 3.0% compared to +2.5% the month prior – marking the highest for the series since June 2023.
- Local news flow is otherwise light so far this morning. Ukraine’s recently-appointed foreign minister, Andrii Sybiha, is scheduled to visit Budapest to meet his Hungarian counterpart Peter Szijjarto.
- Looking ahead, trade balance, manufacturing PMI and industrial production figures are all set to cross later in the week.
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