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Croatia’s industrial producer prices continue to fall

By   /   14/11/2016  /   Comments Off on Croatia’s industrial producer prices continue to fall

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Croatia’s industrial producer prices fell by 2.3% in October 2016 compared with October 2015, continuing their annual decline for 42 consecutive months, according to figures from the National Bureau of Statistics (DZS).

Compared with September 2016, industrial producer prices increased by 1.1%.

However, if energy prices are excluded, industrial producer prices rose by 0.3% from September 2016 and dropped by 1.6% from October 2015.

Broken down by main industrial groupings, in October 2016 compared with September 2016, energy prices increased by 3.5%, prices of non-durable consumer goods went up by 0.4%, prices of intermediate and capital goods were up by 0.1%, and those of durable consumer goods by 0.3%.

Compared with October 2015, prices of capital goods rose by 0.3%, while energy prices dropped by 4%, prices of consumer durables fell by 3.5%, prices of intermediates by 3.2% and those of consumer non-durables were down by 0.6%.

Broken down by activity, in October 2016 compared with September 2016, producer prices increased by 1.3% in the manufacturing industry and by 0.2% in mining and quarrying, they fell by 0.3% in electricity, gas, steam and air conditioning supply, and remained unchanged in water supply, sewerage, waste management and remediation activities.

Compared with October 2015, producer prices fell the most in mining and quarrying, by 13.8%, followed by electricity, gas, steam and air conditioning supply (-4.9%), manufacturing (-1.4%), and water supply, sewerage, waste management and remediation activities (-1.3%)./IBNA

Source: eblnews.com

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