The Industrial Production Prices Index decelerated by 8.7 percentage points – the most significant deceleration since November 2008 – to a year-on-year change of 0.2% in march. The 21.2% reduction in Energy prices was decisive for the sharp slowdown of the IPPI. Excluding this grouping, industrial producer prices increased by 8.1% (10.6% in the previous month).
In the 1st quarter 2023, industrial production prices increased 6.3% (13.6% in the previous quarter).
The monthly change rate of the total index was -2.2% (6.3% in March 2022).