Austria: IPP Down by 1.2%

BusinessEconomy ♦ Published: May 30, 2014; 18:00 ♦ (Vindobona)

Industrial producer prices are down by 1.2% in April 2014 compared to April 2013; stable development against previous month.

Austria: Industrial producer prices -1.2% / Picture: ©

As reported by Statistics Austria, the industrial producer price index, IPPI 2010, reached 103.0 points in April 2014, representing a price decrease of 1.2% compared to April 2013. In March 2014 as well as in February 2014, the annual rate of change had been -1.4%.

The decline of the annual rate of change was mainly affected by the fall in energy prices (-3.8%) and prices of…