Factory gate prices decreased by 0.7% in October 2007. This compares to an increase of 0.3% recorded for October of last year. As a result, the annual percentage change showed a decrease of 3.1% in October 2007, which compares to a decrease of 2.1% in September 2007.
In the month, the index for export sales decreased by 1.1% while the index for home sales increased by 0.9%. In the year there was a decrease in export sales of 4.4% and an increase in home sales of 3.0%.
In the month the most significant changes were decreases in Basic chemicals (-1.2%). Contributing to the annual change were decreases in watches and clocks (-16.5%).
The yearly price index for Mining and quarrying increased by 0.1% while there was a monthly increase of 4.1%.
Breaking down Wholesale price changes by sector of use shows that:
• Year on year, the price of Capital goods increased by 2.3%, while prices remained unchanged in the month.
In the month, the index for export sales decreased by 1.1% while the index for home sales increased by 0.9%. In the year there was a decrease in export sales of 4.4% and an increase in home sales of 3.0%.
In the month the most significant changes were decreases in Basic chemicals (-1.2%). Contributing to the annual change were decreases in watches and clocks (-16.5%).
The yearly price index for Mining and quarrying increased by 0.1% while there was a monthly increase of 4.1%.
Breaking down Wholesale price changes by sector of use shows that:
• Year on year, the price of Capital goods increased by 2.3%, while prices remained unchanged in the month.
