Slight Decline in Industrial Production Prices
According to the latest report from the High Commission for Planning, industrial production prices (excluding oil refining) recorded a slight decline of 0.1% in August compared to July.
The Commission highlighted that this drop is primarily due to a decrease in prices across several sectors, particularly in food industries which fell by 0.2%, followed by clothing manufacturing at 0.6%, and the mining sector which dropped by 0.5%. Conversely, the machinery and equipment manufacturing sector saw a noticeable increase of 1.5%, helping to mitigate the overall decline.
Other production sectors, such as extraction industries, electricity production and distribution, and water production and distribution, experienced stable prices during the same period, showing no significant changes.
These figures reflect a continuing divergence in dynamics among various industrial sectors, as economic players await upcoming indicators to determine the stability or volatility of prices within the national production system.
