Croatias industrial PPI rises 5.5% y/y in Jan.

By bne IntelliNews February 20, 2012
Croatias industrial producer price index (PPI) increased by 5.5% on the year in January after rising by an annual 5.2% in December, the statistics office said in a statement. Prices in the manufacturing industry grew 5.1% on the year in January after climbing an annual 4.7% in the previous month. Mining and quarrying prices moved up a yearly 23.6% in January after rising by 23.5% on the year in the previous month. The acceleration in the above two segments, however, was compensated by lower growth of water supply and sewerage, which jumped an annual 8.7% after increasing 9.6% on the year in December. Electricity, gas, steam and air conditioning supply prices advanced 0.9% year-on-year in January following an annual increase of 1% a month earlier. In the main industrial groups' breakdown, energy prices registered the highest annual increase in January, of 14.3%, followed by non-durable consumer goods, which climbed 4.1%, durable consumer goods (3.1%) and intermediate goods (2.5% y/y). Deflation was observed only in the segment of capital goods, where prices fell by 0.4%. In monthly terms, the PPI rose by 1% in January after dropping by 0.1% in December. Industrial producer prices for the domestic market increased by 0.9% on the month, while for the non-domestic market they went down by a monthly 1%.
Industrial Producer Prices*, % y/y
September October November December January
TOTAL 7.1 6.8 6.8 5.2 5.5
Mining and quarrying 13.4 17.1 25.1 23.5 23.6
Processing industry 7.5 6.9 6.5 4.7 5.1
-Foods 7.7 6.9 7 5.6 5.6
-Beverages 1.9 3.3 4.2 3.3 5.5
-Tobacco 11.4 1.2 1.1 1.2 -2.3
-Apparel 3.6 3.2 2.8 6.5 6.8
-Refined petroleum products 30.7 29.4 30.6 19.8 21.4
-Chemicals 12.6 11.7 10.6 10.9 10.2
-Non-metal minerals 0.2 0.5 1 1.6 2.2
-Metal goods, excl. machinery 0.3 0.3 0.2 -0.1 -1.2
-Other transport equipment -0.1 -0.3 -0.4 -0.4 -0.6
Electricity, gas, steam and air conditioning supply -0.1 0.7 0.8 1 0.9
Water supply and sewerage 11.3 10.1 9.3 9.6 8.7
Source: Croatian Bureau of Statistics
*calculated under new NKD 2007 classification

Croatias industrial PPI rises 5.5% y/y in Jan.

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