Inflation of foreign producers fell in May
The Overseas Producer Price Index (YD-PPI), in May 2023, was 0.45 percent compared to the previous month, 9.23 percent compared to December of the previous year, 32.13 percent compared to the same month of the previous year and twelve-month averages. increased by 67.27 percent.
Annual variations of the two industry sectors; an increase of 26.05 percent in the extractive industries and 32.24 percent in the manufacturing industry.
Annual variations of the main industrial groups; 30.05 percent increase in intermediate goods, 39.88 percent increase in durable consumer goods, 36.35 percent increase in non-durable consumer goods, 14.87 percent decrease in energy, increase in 39.51 percent in capital goods.
Monthly variations of the two industry sectors; an increase of 0.48 percent in the extractive industries, and an increase of 0.45 percent in the manufacturing industry.
Monthly variations of the main industrial groups; Increase of 0.39 percent in intermediate goods, increase of 0.73 percent in durable goods, increase of 2.29 percent in non-durable consumer goods, decrease of 9.07 percent in energy and increase of 1, 49 percent in capital goods.
According to the annual YD-PPI, 4 sub-sectors changed lower and 21 sub-sectors showed higher changes.
Coke and refined petroleum products were the only subsector with an annual decrease of 14.87 percent. On the other hand, machinery and equipment were the subsectors where the indexes increased the most with 50.57 percent, beverages with 49.89 percent and other non-metallic mineral products with 48.93 percent.
According to the monthly YD-PPI, 5 sub-sectors changed lower and 20 sub-sectors showed higher changes.
Among the YD-PPI sectors, coke and refined petroleum products were the subsectors where the indices fell the most at 9.07 percent, metallic minerals at 1.68 percent and base metals at 0.49 percent. percent. For their part, printing and recording services were the subsectors where the rates increased the most with 4.05 percent, other manufacturing with 3.36 percent and tobacco products with 3.11 percent.
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
