Less Growth in Industrial Producer Prices

BusinessEconomy ♦ Published: March 21, 2012; 13:37 ♦ (Vindobona)

Decelerating growth in industrial producer prices: +1.9% in January 2012 compared to January 2011.

Less Growth in Industrial Producer Prices / Picture: © Vindobona.org

As reported by Statistics Austria, the Industrial Producer Price Index, IPPI 2010, reached 104.4 points in January 2012, representing a price increase of 1.9% compared to the month of the previous year. In December 2011 and November 2011 the annual rate of change had been +2.2% and +3.2%, respectively. Therefore the price increase of industrial products slowed down again. The rise…