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Industrial producer prices drop 3.3 percent YoY in August

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Industrial producer prices (domestic and foreign market) were 0.7 percent down in August 2023 compared to the previous month, and 3.3 percent lower year-over-year, shows data released on Tuesday by the of Statistics (INS).

According to the cited source, the industrial price index for the domestic market dropped 1.3 percent in August compared to July 2023, and was up by 4.13 percent compared to August last year, Agerpres reports. The industrial producer price index for the foreign market was 0.82 percent higher compared to July 2023, and 1.38 lower year-over-year.
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