The impressive year-on-year increase recorded in February 2022 in the electricity and water supply and materials recovery sectors pushed producer prices in industry to their highest level in at least the last 22 years, according to data from the Statistical Office.
Significant annual increases were also recorded in the manufacturing sector, with prices in the wood industry, among others, strengthening by 31.9% in February 2022, and the production of basic metals and the manufacture of metal products showing an increase of 26.2%.
Specifically, according to an announcement by the Statistical Office, the Producer Price Index in Industry for the month of February 2022 reached 118.1 points (base 2015=100), an increase of 0.7%, compared to January 2022.
(CNA)
CNA
Contents of this article including associated images are owned by CNA
Views & opinions expressed are those of the author and/or CNA
Source
