Home Business Industry: production prices growing at + 7.1% m / m and + 20.4% y / y

Industry: production prices growing at + 7.1% m / m and + 20.4% y / y

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In October 2021, industrial producer prices recorded a growth of 7.1% on a monthly basis and of 20.4% on an annual basis. This was announced by Istat according to which on the domestic market prices increased by 9.4% compared to September and by 25.3% on an annual basis. Excluding the energy sector, price growth is reduced to + 0.5% in economic terms and + 8.2% in trend terms.
In the third quarter of 2021, producer prices for services increased by 0.9% compared to the previous quarter and by 1.3% on an annual basis. The highest trend increases concern maritime transport services (+ 35.6%) and air (+ 9.3%); the greatest downturns concern telecommunication services (-4.6%) and postal services and courier activities (-1.6%).

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