The development was quite dynamic and even accelerated during the last months of 2021 and the first months of 2022. The size of the reduction was however smaller than during the financial crisis or even during the above mentioned period from May 2015 to February 2016.Īs of June 2020 industrial producer prices started to increase again.
The fall was remarkable since it occurred in a short period of just three months (February to May). In 2020 industrial producer prices rapidly decreased by around 3.2 % during the first wave of the Covid-19 crisis. In early 2018 prices reached the level they had in 2012. After reaching a new peak in early 2013 industrial producer prices started to decline again until spring 2016. Industrial producer prices - development since 2010įollowing the financial and economic crisis in 2008/2009 producer prices regained their pre-crisis level in late 2010/early 2011.
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