Press release: 12.175-015/20
– The annual average of the industrial
producer price index (IPPI 2015) in 2019 was 0.1% above the level
of the previous year, as Statistics Austria reports. In 2018, the annual
rate had been +2.4%, in 2017 +1.9%. The slowdown of price momentum for
industrial products in 2019 was mainly due to falling prices in the
in the energy sector (-1.2%) and for intermediate goods (-0.3%). The prices
for capital goods and for consumer goods rose by 1.1% each.
In December 2019, the
industrial producer price index reached 102.4 points, representing
a price decrease of 0.4% compared to December 2018. In November and October 2019,
the annual rates of change had been -1.1% and -1.5%, respectively. Thus,
the downward price trend for industrial products continued in December 2019.
Between November 2019 and December 2019, the industrial producer price
index remained stable.
For more detailed information please refer to the German
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Last Changed 30.01.2020