Manufacturers' prices continue to fall

The decrease in prices of manufactured products measured in June this year continued into July with prices 1.8% down on their June levels. The decrease is mainly attributable to price decreases for oil and meat products. Prices of intermediate consumption fell by more, namely 2.6%.

As a result of these price reductions, the level of prices in July was only 1.4% higher than twelve months previously, while prices for the period January to June this year were 5.6% higher on average than in the same period last year. For the whole of 2000, prices were on average 11.4% higher than in 1999.

Selling prices manufactured products
percentage change on one year previously

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Jan Eefting