According to the report published by INSTAT, a year ago this change was 21.4%. Compared to the third quarter, the producer price index increased by 0.3%.

INSTAT data show that compared to the fourth quarter of 2022, the largest price increase of 7.5% is observed in the “electricity, gas, steam and air-conditioning” section, followed by the “extraction industry” sections, with 4.5%, “water supply, waste treatment and management activities” with 1.7% and “processing industry” with 1.5%.

Within the “processing industry” section, the largest increase in prices is observed in the activity “processing of food products” with 5.8%, followed by the activities “production of beverages” with 4.5%, “production of tobacco products” with 4.4%, “production of furniture” with 3.4%, “production of manufactured metal products, except for machines and equipment” with 3.3%, etc.

On the other hand, the biggest decrease in prices is observed in the activity “textile processing” with 4.7%, followed by “electrical equipment production” with 3.3%, “coke processing and refining of petroleum by-products” with 3.2%, and “production of chemicals and chemical products” with 1.5%, etc.

The Production Price Index of products for the domestic market, compared to the fourth quarter of 2022, increased by 4.2%. The biggest increase in prices is observed in the section “electricity, gas, steam and air conditioning” with 11%, followed by the sections “extraction industry” with 6.4%, “processing industry” with 1.9% and “water supply, activities of waste treatment and management” by 0.2%.
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