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Producer and Import Price Index fell by 0.1% in September Producer and Import Price Index fell by 0.1% in September

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Producer and Import Price Index fell in May by 0.3%

13.10.2023 - The Producer and Import Price Index fell in September 2023 by 0.1% compared with the previous month, reaching 108.6 points (December 2020 = 100). Lower prices were seen in particular for petroleum and natural gas. Petroleum products, in contrast, became more expensive. Compared with September 2022, the price level of the whole range of domestic and imported products fell by 1.0%. These are the results from the Federal Statistical Office (FSO).

The producer price index registered falling prices compared with the previous month, particularly for petroleum products.

In particular, lower prices for petroleum and natural gas were responsible for the decline in the import price index compared with August 2023. Cheaper prices were also seen for motor vehicles and motor vehicle parts, wearing apparel, basic metals and semi-finished metal products, leather and related products as well as food products. In contrast, prices rose for petroleum products.

You can find further information in the following PDF document.