The General Producer Price Index in industry recorded a significant increase of 48.8% in April 2022, compared to the corresponding index of April 2021, compared to an increase of 14.6% recorded during the respective comparison of the indices of 2021 with 2020.
According to ELSTAT data, the General Index in April 2022, compared to the index of March 2022, showed an increase of 2.5% compared to an increase of 0.7% recorded during the corresponding comparison of the indicators of 2021.
The average General Index of the twelve months May 2021 – April 2022, compared to the average General Index of the twelve months May 2020 – April 2021, showed an increase of 26.2% compared to a decrease of 4.3% in the corresponding comparison of the previous twelve months.
According to ELSTAT data, the increase came mainly from the surge in the cost of coke production and oil refining products. In particular, the increase is attributed to:
In the increase of the External Market Producer Price Index by 50.1%
And the increase of the Domestic Producer Price Index by 48.1%
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
