Mnemonic | PPI.IHUN | |
---|---|---|
Unit | Corresponding period of previous year=100, NSA | |
Adjustments | Not Seasonally Adjusted | |
Monthly | 2.68 % | |
Data | Feb 2024 | 95.7 |
Jan 2024 | 93.2 |
Source | Hungarian Central Statistical Office (HCSO) |
Release | Producer price indices of industry; Price indices of industrial domestic sales by branch groups of final use |
Frequency | Monthly |
Start Date | 1/31/2008 |
End Date | 2/29/2024 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Consumer Price Index (CPI) | Mar 2024 | 240.49 | 238.59 | Index 2005=100, NSA | Monthly |
Producer Price Index (PPI) | Feb 2024 | 95.7 | 93.2 | Corresponding period of previous year=100, NSA | Monthly |
For Hungary, a detailed industrial producer price index, for total sales by NACE branches B to E, and domestic sales by end-use MIG aggregation, in moving-base and fixed-base variants.
Active:
Predecessor:
The producer price index is weighted average of domestic and export sales price indices. Price data are collected from a questionaire on industrial products and services. Survey responders belong to the industrial branches of mining and quarrying, manufacturing, electricity, gas, and water supply.
End-use groupings: Beginning from year 1998 the basis of the end-use groups are the industrial sub-branches as (3-digit level) corresponding to the prescription of European Union (Main Industrial Groupings).
Index technique: First step is the computation of price relatives of each representative for the reference month. Following this the indices of commodity groups are computed as the simple arithmetical average of price relatives of representatives, then the price indices of industrial branches are computed as a weighted arithmetical average of indices for commodity groups. The weight is the annual sales value in the base year (two years before the reference year) for both appropriate sales directions.
We seasonally adjust the fixed-base general index using the U.S. Census Bureau's X-13 ARIMA program.
Yes. Due to the incorrect data supply or additional information the indices can be revised and thus differences may occur from the corresponding indices of the previous publications.