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Producer Price Indices in Industry, August 2023

Published at: 29.09.2023 - 11:00

The Total Producer Price Index in Industry rose by 0.2% in August 2023 compared to the previous month. An increase of 1.2% was registered in the manufacturing industry, while in the electricity, gas, steam and air conditioning supply prices fell by 2.4%, and in the mining and quarrying industry - by 2.2%. 

The Producer Price Index on the Domestic Market remained unchanged in August 2023 compared to the previous month. The domestic prices decreased in the electricity, gas, steam and air conditioning supply by 2.8%, and in the mining and quarrying industry by 2.6%, while in the manufacturing industry prices rose by 2.0%.

The Total Producer Price Index went down by 20.4% in August 2023 compared to the same month in 2022. There was a considerable decline in prices in the electricity, gas, steam and air conditioning supply - 51.9%, while the mining and quarrying industry marked a rise of 3.0%, and the manufacturing industry - 0.2%.

The Producer Price Index on the Domestic Market decreased by 27.2% compared to August 2022. Lower prices were reported in the electricity, gas, steam and air conditioning supply - by 51.5%, and in the mining and quarrying industry - by 4.1%, while the prices in the manufacturing industry rose by 1.3%.