Industrial output prices rise 0.6% m/m in June

Industrial output price rose by 0.6% over the previous month in June, as the industrial output price index for June 2007 reached 125.1 (base 2000=100), compared with  124.4 in May 2007.

Compared with the same month of 2007, the index rose by 2.2%, while for the period January-June 2007, the Index increased by 2.5% compared to January–June 2006.

However, manufacturing prices have been rising faster than the other categories of industry.

In June the manufacturing index rose by 3.9% year on year to 126.7; the mining and quarrying index rose by an even higher 5.3% but the electricity, gas and water index fell by 8.5%. This is primarily because of a fall in the price of production and distribution of electricity, which dropped 10.6% in June and 6.9% in Jauary-June.