Prices of industrial producers in the Russian Federation in November accelerated decline

Industrial producer prices in Russia in November accelerated the decline to 0.8% from 0.2% in October; in annual terms, the decrease was 6.3%, Rosstat reports.

At the same time, since the beginning of the year, industrial producer prices fell by 3.9%.

In November 2019, compared to October 2019, amber prices decreased by 34.3%, iron ore blast furnace sinter - by 15%, commodity unenriched iron ore - by 9%. At the same time, prices for natural liquefied petroleum gas and regasified gas increased by 26.6%, and salt - by 15.1%.

In manufacturing, ferrovanadium fell by 17.1%, copper pipes, tubes and fittings for pipes and tubes by 10.8%. At the same time, solid-rolled wheels went up by 10.2%, semi-finished products from nickel or nickel-based alloys went up by 6.3%.

Marine fuel prices decreased by 34.2%, heating oil - by 22.6%, oil construction bitumen - by 9.5%, other petroleum gases not included in other groups - by 9.2%, oil paraffins - by 6.6%, petroleum coke - by 5.8%.

At the same time, prices for certain types of non-metallic mineral products increased: refractory products - by 8.7%, glassware for laboratory, hygienic or pharmaceutical purposes, glass ampoules - by 6.1%, double-glazed windows - by 5.3%, fiberglass - by 4.5%.

In 2018, producer prices of industrial goods in Russia, according to the Federal State Statistics Service, increased by 11.7%.

Source: https://1prime.ru