Industrial Producer Prices Up 3.9% in June

Business › Economy ♦ Published: August 19, 2011; 12:26 ♦ (Vindobona)

The Producer Price Index fell marginally against the previous month. Compared to June 2010, prices were still 3.9% higher in June 2011.

Industrial Producer Prices Up 3.9% in June / Picture: © Vindobona.org

As reported by Statistics Austria, the Industrial Producer Price Index, IPPI 2010, reached 104.3 points in June 2011, representing a price increase of 3.9% compared to June 2010. In May 2011 and April 2011, the annual rate of change had been 4.6% and 5.1%, respectively. Hence there was an ongoing positive development of producer prices in the second quarter of 2011. The increase of the…

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