INDUSTRIAL PRODUCER PRICE INDEX QUARTERLY ANALYSIS NOTE THIRD QUARTER 2024

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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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