Thursday, August 30, 2007

DATA SNAP:Hungary July Producer Prices -2.8% YY Vs -2% June

Of DOW JONES NEWSWIRES

BUDAPEST (Dow Jones)--Hungarian industrial producer prices fell on the year in July after recording their first decline this year in June, data released by the Central Statistics Office KSH showed Thursday.

Industrial producer prices fell 2.8% on the year in July after a 2% fall in June. However, producer prices were 0.4% higher on the month in July.

The annual reading is slightly less than the median forecast of five analysts polled by Dow Jones Newswires for a fall of 3.0%.

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