According to INSTAT’s producer price index, the production costs rose 9.4% year-on-year during the reviewed period.

“Electricity, gas, steam and air-conditioned” group registered highest price increase of 7.2% is, followed by the sections “Mining and quarrying” section by 3.9 %, “Water supply, waste treatment and management activities” by 1.8 % and “Manufacturing” by 1.2 %.

Within the section “Manufacturing”, the largest increase in prices is observed in the activity “Manufacture of tobacco products” by 4.5 %, followed by the activities “Manufacture of food products” by 4.1 %, “Manufacture of beverages” by 3.8 %, “Metallurgy” by 3.1 %.

On the other hand, the biggest decrease in prices is observed in the activities “Manufacture of non-metallic mineral products” by 2.5 %, followed by the activities “Manufacture of electrical  equipment” by 2.2 %, “Manufacture of optics, electronics and computer products” with 2.0 %, “Manufacture of textiles” by 1.6 %, “Manufacture of chemicals and chemical products” by 1.1 %.

The Index of Production Prices of products for the domestic market rose 3.5% year-on-year in the first quarter. The biggest increase in prices is observed in the section “Electricity, gas, steam and air conditioning” by 10.5 %, followed by the section “Mining and quarrying” by 3.8 %.

Production Price Index of products for export: Compared to the first quarter of 2023, the index recorded an increase of 0.5 %. The largest increase in prices was recorded in the “Mining and quarrying” section by 4.0 %.

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