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Press release

Industrial producer prices and Services producer prices. October 2023 – Q3 2023

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In October 2023, compared with the previous month, industrial producer prices increased by 1.5%. On domestic market producer prices increased by 2.2%, on non-domestic market they decreased by 0.2%.

Over the last three months, compared to the previous three months, industrial producer prices increased by 1.2% (+1.8% for the domestic market, -0.3% for the non-domestic market).

In October 2023, compared with October 2022, industrial producer prices decreased by 9.5% (-12.4% on domestic market, -0.9% on foreign market).

In October 2023 construction producer prices of Residential buildings and non-residential buildings decreased by 0.1% both on monthly and on annual basis. Construction producer prices of Roads and railways decreased by 0.1% compared to the previous month and by 0.4% on annual basis.

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

In the third quarter 2023 services producer prices increased by 0.3%, compared with the previous quarter, and by 2.7%, compared to the same quarter of the previous year. Warehousing and storage (+7.9%) and Rental and leasing of motor vehicles (+7.6%) recorded the highest increase on annual basis; the greatest decrease was registered in Sea and coastal water transport (-13.4%).

Reference period: October 2023 and Q3 2023

Date of Issue: 29 November 2023

Next release: 8 March 2024

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