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Producer and Import Price Index rose by 0.5% in July
The Producer and Import Price Index rose in July 2021 by 0.5% compared with the previous month, reaching 103.2 points (December 2020 = 100). Higher prices were seen in particular for metal products, petroleum products as well as basic metals and semi-finished metal products. Compared with July 2020, the price level of the whole range of domestic and imported products rose by 3.3%. These are the results from the Federal Statistical Office (FSO). In particular, higher prices for metal products were responsible for the increase in the producer price index compared with the previous month. Petroleum products, basic ... (full story)