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Press release

Industrial, construction and services producer prices

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In May 2020, compared with the previous month, industrial producer prices decreased by 0.1%. On domestic market, producer prices decreased by 0.3%, while on non-domestic market they increased by 0.3%.

Over the last three months, compared to the previous three months, industrial producer prices decreased by 3.2% (-4.1% for the domestic market and -1.0% for the non-domestic market).

In May 2020, compared with May 2019, industrial producer prices decreased by 5.3% (-7.2% on domestic market and -0.8% on foreign market).

In May 2020 construction producer prices of Residential buildings and non-residential buildings decreased by 0.3% on monthly basis and by 0.2% on annual basis. Construction producer prices of Roards and railways decreased by 0.6% compared to the previous month and increased by 0.1% on annual basis.

Over the last three months, compared to the previous three months, construction producer prices decreased by 0.1% both for Residential buildings and non-residential buildings and for Roads and railways.

In the first quarter 2020 services producer prices decreased by 1.7%, compared with the previous quarter, and by 1.3%, compared to the same quarter of the previous year. Telecommunications and air transport provided the largest downward contributions to the annual rate (respectively -12.8% and -7.9% on annual basis); sea and coastal water transport (+5.9%) and freight transport by road (+2.0%), the largest upward ones.

Industrial producer prices survey did not record issues: the businesses response rate was in line with the usual rates recorded in the months preceding Covid-19 crisis. Also the services producer prices survey recorded the usual businesses response rate.

Reference period: May 2020 – Q1 2020

Date of Issue: 30 June 2020

Next release: 28 August 2020

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In the archive of Services producer price indices are available the documents published before 31 March 2017