Strong Rise in Industrial Prices Holds On

BusinessCommodities ♦ Published: September 7, 2011; 09:46 ♦ (Vindobona)

Austrian Wholesale price index in August 2011: +6.9% against August 2010. However, compared to July 2011, prices decreased.

Strong Rise in Industrial Prices Holds On / Picture: © Vindobona.org

As reported by Statistics Austria the index of wholesale prices, WPI 2010, amounted to 107.5 (preliminary value) in August 2011 and has decreased by 1.3% against July 2011. This is mainly due to the decrease in prices for cereals and mineral oil products. Compared to August 2010 the wholesale prices rose by 6.9%, after 9.3% in July 2011.

Against July 2011, the group…