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Annual manufacturing prices down 3.8% in Jan

21 Feb '08
1 min read

Monthly factory gate prices decreased by 0.6% in January 2008. This compares to an increase of 1.1% recorded for January 2007.

As a result, the annual percentage change showed a decrease of 3.8% in January 2008, compared with a decrease of 2.1% in December 2007.

In the year there was a decrease in the price index for export sales of 5.6% and an increase in home sales of 3.6%. In the month the most significant changes were decreases in Office machinery (-1.2%).

Contributing to the annual change were decreases in Office machinery (-13.3%), and Basic chemicals (-5.4%).

A further analysis of Wholesale price changes by sector of use shows that:
• Year on year, the price of Capital goods increased by 3.3%, while there was a monthly price increase of 0.9%.

Central Statistics Office

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