Statistics Austria: IPP Down by 0.8%

BusinessEconomy ♦ Published: August 29, 2014; 16:40 ♦ (Vindobona)

Industrial producer prices in July 2014 are down -0.8% compared to July 2013.

Austria's IPP is down by 0.8% / Picture: © Vindobona.org

As reported by Statistics Austria, the industrial producer price index, IPPI 2010, reached 102.9 points in July 2014, representing a price decrease of 0.8% compared to July 2013. In June 2014 and May 2014, the annual rate of change had been -0.6% and -0.9%, respectively.

The decrease of the annual rate of change of the IPPI in July 2014 (-0.8%) was mainly due to the price…