Medienmitteilung

Producer and Import Price Index in May 2023 Producer and Import Price Index fell in May by 0.3%

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Producer and Import Price Index fell by 0.1% in September

15.06.2023 - The Producer and Import Price Index fell in May 2023 by 0.3% compared with the previous month, reaching 109.1 points (December 2020 = 100). In particular, petroleum, natural gas and petroleum products saw lower prices. Electricity, on the other hand, became more expensive. Compared with May 2022, the price level of the whole range of domestic and imported products also fell by 0.3%. These are the results from the Federal Statistical Office (FSO).

In particular, higher prices for electricity were responsible for the increase in the producer price index compared with the previous month. Essential oils, organic products of the chemical industry, aluminium products and machinery became more expensive. In contrast, prices of petroleum products, scrap, gas, pharmaceutical preparations as well as glass and glass products fell.

The import price index registered lower prices compared with April 2023 in particular for petroleum and natural gas as well as petroleum products. Basic metals and semi-finished metal products, glass and glass products, plastic products, paper and paper products, plastics in primary forms and computers also became cheaper.

You can find further information in the following PDF document.