Industrial producer prices drop 3.3 percent YoY in August

Industrial producer prices (domestic and foreign market) were 0.7 percent down in August 2023 compared to the previous month, and 3.3 percent lower year-over-year, shows data released on Tuesday by the National Institute of Statistics (INS).According to the cited source, the industrial price index for the domestic market dropped 1.3 percent in August compared to July 2023, and was up by 4.13 percent compared to August last year.The industrial producer price ...

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