Producer price indices, July 2023

Producer prices in a downward trend

Producer prices of industrial products decreased for the fourth month in a row in July, this time by 0.2%. Nevertheless, they were still 4.1% higher than in the same month of last year.

  • 21 August 2023 at 10:30
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  • final data
Prices down at the monthly …

Producer prices fell for the fourth consecutive month, this time by 0.2%. The prices of products for sale on non-domestic markets went down by 0.6%; the prices of products for sale on euro area markets decreased by 0.4% and on non-euro area markets by 1.0%. On the other hand, the prices of products for sale on the domestic market increased by 0.2%. 

The prices of energy went down by 0.9% and of intermediate goods by 0.8%. The prices of capital goods went up by 0.7% and of consumer goods by 0.4%.

Prices decreased the most in manufacture of coke and petroleum products (by 8.2%), followed by manufacture of basic metals (by 2.2%), manufacture of leather and leather products (by 1.5%), manufacture of wearing apparel (by 1.1%) and manufacture of rubber and plastic products (by 1.1%). On the other hand, they increased the most in manufacture of beverages (by 2.2%), followed by water collection, treatment and supply (by 1.1%) and manufacture of furniture (also by 1.1%). 

… and up at the annual level

Compared to last July, producer prices increased by 4.1%. The prices of products for sale on the domestic market went up by 6.8% and on non-domestic markets by 1.4%. Of the latter, the prices of products for sale on the markets of euro area were higher by 0.7% and on non-euro area markets by 2.4%. 

The prices of energy increased by 17.2%, of consumer goods by 7.7%, of capital goods by 4.2% and of intermediate goods by 0.4%. 

Prices grew the most in electricity (by 25.4%), followed by manufacture of wearing apparel (by 17.9%), manufacture of beverages (by 17.4%), manufacture of other non-metallic mineral products (by 9.8%) and mining and quarrying (9.0%). On the other hand, the largest decrease was in manufacture of basic metals (by 12.9%), followed by manufacture of coke and petroleum products (by 9.8%), manufacture of computer and optical products (by 2.6%) and manufacture of leather and leather products (also by 2.6%). 

Tables with the latest data are available in the SiStat Database.
Annual growth rates of producer prices, Slovenia
Annual growth rates of producer prices, Slovenia
Growth rates of producer prices, Slovenia
Jul 2023
Jun 2023
Jul 2023
Dec 2022
Jul 2023
Jul 2022
Jan–Jul 2023
Jan–Jul 2022
Growth rates of producer prices – total-0.21.24.110.1
Main industrial groups
Intermediate goods-0.8-1.20.47.3
Energy-0.97.517.236.4
Capital goods0.73.04.26.9
Consumer goods0.42.87.711.2
Sections by SCA
B Mining and quarrying-0.17.010.316.4
C Manufacturing-0.20.33.08.3
D Electricity0.217.525.446.1
E Water supply1.17.87.89.0
Growth rates of producer prices, Slovenia
Jul 2023
Jun 2023
Jul 2023
Dec 2022
Jul 2023
Jul 2022
Jan–Jul 2023
Jan–Jul 2022
Growth rates of producer prices of the domestic market0.23.56.813.2
Growth rates of producer prices of the non-domestic market-0.6-1.21.46.9
  euro area-0.4-0.70.76.6
  non-euro area-1.0-2.42.47.1
METHODOLOGICAL NOTE
Additional explanations are available in the methodological explanations.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.