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Producer and Import Price Index in June 2024 The Producer and Import Price Index remained stable in June

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Producer and Import Price Index remained stable in July

15.07.2024 - The Producer and Import Price Index remained unchanged in June 2024 compared with the previous month. The index stood at 107.1 points (December 2020 = 100). Lower prices were observed for petroleum products in particular. Food products, on the other hand, became more expensive. Compared with June 2023, the price level of the whole range of domestic and imported products fell by 1.9%. These are the results from the Federal Statistical Office (FSO).

In particular, higher prices for food products were responsible for the growth in the Producer Price Index compared with the previous month. In contrast, prices fell for petroleum products.

The Import Price Index registered lower prices compared with May 2024, particularly for petroleum products, petroleum and natural gas, as well as for motor vehicles. Falling prices were also seen for pharmaceutical preparations and computers. In contrast, non-ferrous metals and products made therefrom, green coffee, leather and related products and footwear as well as other transport equipment saw higher prices.

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