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Industry: producer prices up 28% year-on-year in October

2022-11-29T10:51:41.997Z


In October 2022, industrial producer prices decreased by 3.3% on a monthly basis and increased by 28.0% on an annual basis (from +41.7% in September). Istat detects it (ANSA)


In October 2022

, industrial production prices

decreased by 3.3% on a monthly basis and increased by 28% on an annual basis (from +41.7% in September).

This was noted by Istat, specifying that on the domestic market prices fell by 4.3% compared to September and grew by 33.7% on an annual basis (it was +52.9% in September).

Excluding the energy sector, prices show a contained positive economic trend (+0.6%) and a much less extensive growth trend (+12.9%).

In the quarter August-October 2022, compared to the previous three months, producer prices grew by 7.4% (+9.2% domestic market, +1.2% foreign market).

In September, it is estimated that turnover, net of seasonal factors, decreased by 1.2% in quarterly terms, both for the total and for the domestic and foreign components.

The Istat detects it.

Corrected for calendar effects, total turnover instead grew in trend terms by 18.0%, with increases of 17.5% on the domestic market and 19.2% on the foreign market.

There were 22 working days as in September 2021. In particular,

marked increases were recorded for energy (+37.1%)

, more contained for capital goods (+19.2%), consumer goods (+ 17.6%) and intermediate goods (+14.8%).

Source: ansa

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