The Federal Statistical Office (FSO), the Producer and Import Price Index fell in August 2019 by 0.2% compared with the previous month, reaching 101.4 points (December 2015 = 100). The decline is due in particular to lower prices for rubber and plastic products as well as basic metals and semi-finished metal products. Compared with August 2018, the price level of the whole range of domestic and imported products fell by 1.9%.
The decline in the producer price index compared with the previous month was mainly due to lower prices for waste collection and recovery, mineral oil products, metals and metal semi-finished products, paper and paper products and plastic products. Rising prices were observed for paints, printing ink and mastics chemicals, pharmaceutical raw materials, raw milk, and other chemical products.
Lower prices compared with July 2019 were recorded in the import price index, in particular for chemical raw materials, rubber and plastic products, metals and metal semi-finished products, and paper and paper products. Price declines were also seen in computers, wood products, basic pharmaceutical products, vegetables and potatoes. However, citrus fruits became more expensive.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.