15.11.2024 - The Producer and Import Price Index fell in October 2024 by 0.3% compared with the previous month, reaching 106.9 points (December 2020 = 100). Prices fell in particular for watches, petroleum products and machinery. Compared with October 2023, the price level of the whole range of domestic and imported products fell by 1.8%. These are the results of the Federal Statistical Office (FSO).
In particular, lower prices compared with the previous month were recorded in the Producer Price Index for watches. Machinery, medical and dental instruments and supplies, petroleum products and gas also became cheaper. In contrast, wiring and wiring devices showed price increases.
Petroleum products and machinery were responsible in particular for the decline in the Import Price Index compared with September 2024. Falling prices were also seen for communication equipment, electrical equipment, metal products, furniture, medical and dental instruments and supplies and steel. In contrast, petroleum and natural gas, non-ferrous metals and products made therefrom, vegetables, melons and potatoes and green coffee became more expensive.
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