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Producer Price Indices in Industry, August 2024

Published at: 30.09.2024 - 11:00

From July 2024, NSI started publishing Producer Prices Indices in Industry by base year 2021 = 100 in accordance with the requirements of Regulation (EU) 2019/2152 of the European Parliament and of the Council for European Business Statistics and Commission Implementing Regulation (EU) 2020/1197.

The Total Producer Price Index in Industry rose by 0.4% in August 2024 compared to the previous month. An increase of 9.0% was registered in the electricity, gas, steam and air conditioning supply, while the prices in the mining and quarrying industry fell by 1.9%, and in the manufacturing industry - by 1.7%.

The Producer Price Index on the Domestic Market increased by 1.0% in August 2024 compared to July 2024. The domestic prices rose in the electricity, gas, steam and air conditioning supply by 4.7%, while in the mining and quarrying industry they decreased by 3.2%, and in the manufacturing industry - by 0.9%.

The Total Producer Price Index went up by 1.5% in August 2024 compared to the same month in 2023. An increase was observed in the mining and quarrying industry - by 9.1%, and in the electricity, gas, steam and air conditioning supply - by 7.7%. There was a decline in prices in the manufacturing industry - by 0.7%.

The Producer Price Index on the Domestic Market increased by 1.9% compared to August 2023. A growth was reported in the mining and quarrying industry - by 14.3%, and in the electricity, gas, steam and air conditioning supply - by 5.4%. A decrease was observed in the manufacturing industry - by 1.3%.