Press release: 12.205-035/20

Industrial producer prices decreased by 0.3% in January 2020

Vienna, 2020-02-28 – The industrial producer price index, IPPI 2015, reached 102.6 points in January 2020, representing a price decrease of 0.3% compared to January 2019, as Statistics Austria reports. In December and November 2019, the annual rates of change had been -0.4% and -1.1%, respectively. Thus, the industrial producer prices continued to decline in January 2020. Between December 2019 and January 2020, the industrial producer price index increased by 0.2%.

The decrease of the industrial producer price index in January 2020 (-0.3%) was mainly due to price declines for intermediate goods (-1.6%) and in the energy sector (-1.4%). The prices for capital goods rose by 0.9% in January 2020 and those for consumer goods by 2.0%.

For more detailed information please refer to the German version.