Austrian Producer Prices Still on the Rise

BusinessCommodities ♦ Published: March 22, 2011; 12:36 ♦ (Vindobona)

Strong rise of industrial producer prices in January 2011: +5.0% compared to January 2010.

Austrian Producer Prices Still on the Rise / Picture: © Vindobona.org

As reported by Statistics Austria, the Industrial Producer Price Index, IPPI 2010, reached 102.3 points in January 2011, representing a price increase of 5.0% compared to January 2010. In December 2010 and November 2010, the annual rate of change had been 4.9% and 4.2%.

The increase of the price index in January 2011 was mainly influenced by the price development of…