Further Rise in the Industrial Producer Price Index

Business › Economy ♦ Published: June 17, 2011; 10:07 ♦ (Vindobona)

Prices for industrial goods continue their upward trend: +5.1% in April 2011 compared to April 2010.

Further Rise in the Industrial Producer Price Index / Picture: © Vindobona.org

As reported by Statistics Austria, the Industrial Producer Price Index, IPPI 2010, reached 104.2 points in April 2011, representing a price increase of 5.1% compared to April 2010. In March 2011 and February 2011, the annual rate of change had been 5.4% and 5.3%. The increase of the price index in April 2011 was mainly influenced by the rise of prices of intermediate goods (+6.8%). In…

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