SECOND QUARTER ANALYSIS OF THE INDUSTRIAL PRODUCER PRICE INDEX

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Industrial producer prices rise in Q2 2024
The rise in industrial producer prices that began at the beginning of the year (+0.9% year-on-year) increased in the second quarter (+1.6%); mainly driven by the wood and wood products manufacturing industries (+12%) and the printing and paper and cardboard manufacturing industries (+7%), whose momentum in activity was nevertheless slowed by the contraction recorded in the furniture manufacturing industries (-5.8%), the machinery and equipment manufacturing industries (-4.3%), and metal industries and fabricated metal products (-3.6%). Compared to the previous quarter, producer prices rose 3.6% in the second quarter of 2024.

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