INDUSTRIAL PRODUCER PRICE INDEX QUARTERLY ANALYSIS NOTE THIRD QUARTER 2024

OVERALL
ANALYSISIndustrial producer prices rise in Q3 2024

The rise in industrial producer prices that began at the beginning of the year accelerated in the third quarter (+5.7% year-on-year); mainly driven by the wood and wood products manufacturing industries (+13%), agri-food (+4.8%) and mining and quarrying (+7.6%). On the other hand, some branches of activity recorded decreases in producer prices, in particular: the machinery and equipment manufacturing industries (-4.3%), the furniture manufacturing industries and other manufacturing industries NCA (-3.7%). Compared to the previous quarter, producer prices rose by 2.1% in the third quarter of 2024.

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