Price index on Producer Durables 2008

Notice:

The results for the years 2002 – 2008 have been revised in August this year due to small  errors  in the compilation system. The differences only relate to the index figures and not to the annual change rates.

With the current publication of the results for the price index for capital investments, final data is now available for 2008.

The annual changes in capital goods prices record an increase of +2.0% for domestic goods in 2008, and imported goods again showed a moderate price increase of +0.7% (Chart 1) too. more

In the most important product group, (ÖCPA 29) Machinery and equipment n.e.c. (29.61%), a price change of +2.3% can be observed. Companies in this sector continued to come under strong competitive pressure as a result of ever increasing metal prices, with changes of +2.4%.

Rubber and plastic products (ÖCPA 25) saw price increases of +2.5% in 2008.

In the high-tech sector, there was a slow-down in the annual price decline. The prices of office machinery and computers (ÖCPA 30) fell by -3.9% over the previous year (the figure for 2006 to 2007 was +2.6%).

The group comprising radio, TV and communication equipment (ÖCPA 32) showed downward trends of -4.9%, in contrast to the relatively strong changes in the “Other transport equipment” group (ÖCPA 35) with a price increase of +3.1%.

Price index for machinery 2008:

There were price increases of between +1.7% and +3.4% in the product groups of this important subindex (for 2008 overall: +2.3%). Three product groups (ÖCPA 292, 295, 297) continue to determine the price index for machinery as a result of their higher weighting shares.

For the first time, data is published for the quarters of 2008. This meets the requirement to publish quarterly data, and at the same time this data provides short-term inflation indicators that form an important component of the price structure.

    
  • Table(s)
  • General information service
Chaining coefficients - Price index on producer durablesPDFXLSX
Price index for capital expenditure on machinery and equipment on CPA 2008-ClassificationsPDFXLSX


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