31.10.201407:03:00UTC+00Hungary Producer Prices Decline For Seventh Month

Hungary's industrial producer prices fell for the seventh consecutive month in September, figures from the Hungarian Central Statistical Office showed Friday.

The producer price index dropped 0.7 percent year-on-year following 0.4 percent fall in August. Prices have been declining since May.

Month-on-month, producer prices edged up 0.1 percent after a 0.7 percent gain in August. Prices rose for the fourth month in a row.

Separately, the statistical office announced that trade surplus decreased to EUR 279 million in August from EUR 496 million in the same month last year. Exports declined 4 percent annually and imports fell 0.6 percent.