Moderate Upward Trend for Industrial Producer Prices

BusinessEconomy ♦ Published: September 19, 2011; 10:54 ♦ (Vindobona)

Rise of the Austrian industrial producer prices in July 2011 by 3.6% compared to July 2010.

Moderate Upward Trend for Industrial Producer Prices / Picture: © Vindobona.org

As reported by Statistics Austria, the Industrial Producer Price Index, IPPI 2010, reached 104.3 points in July 2011, representing a price increase of 3.6% compared to July 2010. The annual rate of change had been 3.9% in June 2011 and 4.6% in May 2011. The trend of slower increasing industrial producer prices has been confirmed by the July result. The major influence on the annual…