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Producer Price Indices in Industry, July 2023

Published at: 30.08.2023 - 11:00

The Total Producer Price Index in Industry rose by 0.5% in July 2023 compared to the previous month. A 0.8% increase was registered in the manufacturing industry, while the mining and quarrying industry as well as the electricity, gas, steam and air conditioning supply fell by 0.3% and 0.2%, respectively. 

The Producer Price Index on the Domestic Market fell by 0.3% in July compared to June 2023. The domestic prices decreased in the mining and quarrying industry by 4.0%, in the electricity, gas, steam and air conditioning supply by 0.2%, and in the manufacturing industry by 0.1%.

The Total Producer Price Index went down by 13.7% in July 2023 compared to the same month in 2022. There was a considerable decline in prices in the electricity, gas, steam and air conditioning supply - 37.0%, and in the manufacturing industry - 2.6%, while the mining and quarrying industry marked a rise of 11.2%. 

The Producer Price Index on the Domestic Market decreased by 18.1% compared to July 2022. Lower prices were reported in the electricity, gas, steam and air conditioning supply - 36.8%, and in the manufacturing - 1.7%, while the prices in the mining and quarrying industry rose by 3.7%.