Year-on-year analysis of industrial production prices reveals varied trends across key markets. In Lithuania, prices for industrial production rose by 11.3% annually, excluding refined oil products, while the sector excluding these products saw an increase of 7.2%. Comparative data shows that the non-Lithuanian market experienced an 8.3% year-over-year rise in industrial production prices, with the segment excluding refined oil products increasing by 0.9%.
Meanwhile, the Eurozone market reported a 10% annual increase in industrial production prices, excluding refined oil products, marking a 7% rise in that specific category. On a month-to-month basis, prices showed slight volatility in June. Overall industrial production prices decreased by 2.4% compared to May.
However, the measure for industrial production excluding refined oil products registered a modest increase of 0.8%. The overall change in prices was attributed to several contributing factors. Specifically, the decline in refined oil products prices, which fell by 13%, alongside a noted 1.1% increase in the prices of chemicals and chemical products, were identified as the primary influences shaping the overall industrial production cost structure.
These fluctuations provide insight into the current dynamics affecting the industrial output sector.
Topics: #prices #industrial #production
