Business News

Factory Gate Prices Slightly Higher in April

Ljubljana, 21 May (STA) - Factory gate prices were up 0.1% in April over the month before and 0.5% higher year-on-year. Producer prices on the domestic market remained level, while the prices of products sold abroad increased by 0.2% over March, the Statistics Office said on Tuesday.

The prices of consumer goods were 0.4% higher compared to the month before, investment products were 0.3% and energy 0.2% dearer. On the other hand, raw materials were 0.2% cheaper.

By sector groupings, the highest monthly increase was recorded in wood processing (1.4%), followed by the pharmaceutical industry. The prices dropped the most, by 1%, in the group of other vehicles and vessels.

Goods sold outside the eurozone had 0.4% higher prices than in March, while goods were sold in other eurozone countries at 0.1% higher prices.

In an annual comparison, factory gate prices on the domestic market were up 0.6% and the prices on foreign markets increased by 0.5%.

The prices of goods sold outside the eurozone were 0.8% higher year-on-year and the factory gate prices in for other euro countries were up 0.3%.

Wood processing also saw the highest increase in prices year-on-year, as they grew by 5.9%. Rubber and plastic products were 4.6% more expensive than in April 2012 and furniture 4.2%.

The biggest annual drop in prices was in metal production (4.9%), followed by the grouping of other manufacturing (3.3%) and in coke and petroleum manufacturing (2.8%).

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