Austria’s producer prices increased for the first time in nearly two years in February, figures from Statistics Austria showed on Tuesday.
The producer price index grew 0.9 percent year-on-year in February, after a 0.3 percent fall in January.
Prices rose for the first time since May 2019, when they grew 0.6 percent.
Prices for intermediate goods grew 1.6 percent yearly in February and those of energy prices gained 0.6 percent. Prices for capital goods and consumer goods rose by 0.7 percent and 0.1 percent, respectively.
On a monthly basis, producer prices rose 0.8 percent in February, after a 0.9 percent increase in the preceding month.
For comments and feedback contact: editorial@rttnews.com
[Economic News][1]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][2] and much more.