Total Producer Price Index in Industry in May 2017 decreased by 1.2% compared to the previous month

Total Producer Price Index in Industry in May 2017 decreased by 1.2% compared to the previous month.

Lower prices were registered in the manufacturing by 1.6%, in the mining and quarrying industry by 1.4% and in the electricity, gas, steam and air conditioning supply by 0.2%. In the manufacturing , more significant price decreases were seen in the manufacture of basic metals by 3.4% and in the manufacture of chemicals and chemical products by 1.1%, while price increases were reported in the manufacturing of motor vehicles, trailers and semi-trailers by 1.0%, in the manufacturing of wood and of products of wood and cork, except furniture and in the printing and reproduction of recorded media by 0.5%, according to the National Statistical Institute.

Total Producer Price Index in May 2017 increased by 3.9% compared to the same month of 2016. The prices rose in the mining and quarrying industry by 5.2%, in the manufacturing by 4.2% and in the electricity, gas, steam and air conditioning supply by 2.9%. In the manufacturing more significant price increases were seen in the manufacturing of basic metals by 13.3%, in the manufacturing of motor vehicles, trailers and semi-trailers by 6.1% and in the manufacturing of electrical equipment by 3.8%, while the producer prices fell in the manufacturing of machinery and equipment by 0