Industrial producer costs fell 7.5% in Italy in January 2023 when compared to the prior month

March 15, 2023

In January 2023, compared with the previous month, industrial producer prices decreased by 7.5%. On domestic market, producer prices decreased by 9.9%, on non-domestic market they increased by 0.6%.

Over the last three months, compared to the previous three months, industrial producer prices increased by 0.4% (+0.4% for the domestic market, +0.3% for the non-domestic market).

In January 2023, compared with January 2022, industrial producer prices increased by 11.1% (+11.6% on domestic market, +8.4% on foreign market).

In January 2023, construction producer prices of Residential buildings and non-residential buildings increased by 0.4% on monthly basis and by 5.3% on annual basis. Construction producer prices of roads and railways increased by 0.4% compared to the previous month and by 6.0% on annual basis.

Over the last three months, compared to the previous three months, construction producer prices decreased by 0.2% for residential buildings and non-residential buildings and by 0.4% for roads and railways.

In the fourth quarter 2022, services producer prices increased by 0.7%, compared with the previous quarter, and by 3.6%, compared to the same quarter of the previous year. Air transport (+20.0%) provided the largest upward contribution to the annual rate; only prices of telecommunications (-3.4%) and other information activities (-3.0%) decreased on annual basis.

In 2022, compared with 2021, services producer prices increased by 3.5%.

Source: ISTAT
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.