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ChemPriceHub Alert: Impact of Hungary's CPI Increase on Chemical Products
Published on 2026-01-16

According to data released by the Hungarian Central Statistical Office (KSH), Hungary's CPI increased by 3.3% year-on-year in December 2025. For the entire year of 2025, the CPI rose by 4.4% year-on-year.

PriceSeek Analysis: Poly Aluminum Chloride (PAC)
Bull-Bear Score: 1
Hungary's CPI growth of 3.3% (December) and 4.4% (full year) indicates moderate inflation, which may reflect strengthening economic demand. This is favorable for the spot price of PAC, as inflation drives up the cost of industrial raw materials and increases demand for applications such as water treatment. Combined with recent data from the PAC futures market, where the price of the main contract shows an upward trend, the CPI data may reinforce investors' expectations of rising demand, supporting further increases in futures prices. Therefore, a generally positive score is assigned.

Polyacrylamide (PAM)
Bull-Bear Score: 1
The CPI increase suggests a moderate rise in inflationary pressure in Hungary's economy, which is generally favorable for commodity demand. As a key chemical in papermaking and oil extraction, PAM demand may rise due to cost-push factors and increased industrial activity, driving up spot prices. Based on recent PAM futures market performance, where contract prices have remained robust, the CPI data may further boost market confidence, benefiting futures prices. Therefore, it is assessed as generally favorable.

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