Factory gate prices increased in September

31/10/2005 13:00

Selling prices of the Dutch manufacturing industry increased by 1.2 percent in September 2005 compared to August. It is the fourth increase of the selling prices in a row. Export prices rose by 1.5 percent, prices on the domestic market by 0.7 percent.

In September 2005 selling prices were on average 6.6 percent higher than in September 2004. Selling prices on the domestic market were 5.3 percent higher than the year before and export prices 7.5 percent. In the first eight months of 2005 selling prices were on average 6.2 percent higher compared to the year before.

Prices of raw materials and semi-manufactured goods used in manufacturing industry rose by 0.5 percent in September 2005 compared to August. Prices of imported raw materials and semi-manufactures increased by 0.1 percent. Prices of domestic raw materials and semi-manufactured goods rose by 1.2 percent.

In September 2005 the prices of raw materials and semi-manufactured goods were 10.9 percent higher than in September 2004. Imported raw materials and semi-manufactures were 14.4 percent more expensive and domestic raw materials and semi-manufactures 5.4 percent. In the first eight months of 2005 prices of raw materials and semi-manufactured goods were on average 9.8 percent higher compared to the year before.

Prices of crude oil and oil products largely account for the development of producer prices. Excluding the oil industry, selling prices of Dutch manufacturing industry were 2.0 percent higher in September 2005 than in September 2004; prices of raw materials and semi-manufactured goods were 4.3 percent higher.

Factory gate prices

Factory gate prices