Producer prices in the national industry followed a downward trajectory in June. According to data released today by ELSTAT, the General Industrial Producer Price Index in June this year showed a decrease of 0.7% compared to the corresponding index last year, against a decrease of 11.7% that occurred during the corresponding comparison of the indices for the year 2023 to 2022.
On a monthly basis, the General Index during the month of June 2024 showed an increase of 1.5% compared to the index of May 2024, against an increase of 0.8% observed during the corresponding comparison of the indices of the year 2023.
The average General Index for the twelve months from July 2023 to June 2024, compared to the average General Index for the twelve months from July 2022 to June 2023, showed a decrease of 5.6% against an increase of 10.1% observed in the corresponding comparison of the previous twelve-month period.
According to ELSTAT data, the annual decrease in the General Producer Price Index by 0.7% in June 2024 is due to changes in individual market indices, namely:
a. In the reduction of the Producer Price Index in the Domestic Market by 2.4%.
![Industry: Producer prices fell in June 1 times paragogou elstat](https://thegurumedia.com/wp-content/uploads/2024/07/times_paragogou_elstat.png)
In particular, changes in the indices of the two-digit branches of the NACE Rev. 2 classification contributed primarily to this decrease. 2, as follows:
b. The increase in the Producer Price Index in the External Market by 4.6%. In particular, this increase was mainly contributed to by changes in the indices of the two-digit branches of the NACE Rev. 2 classification, as follows:
![Industry: Producer prices fell in June 2 times paragogou 2](https://thegurumedia.com/wp-content/uploads/2024/07/times_paragogou_2.png)