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Industrial producer price index edges down in Georgia

16 October 2013 13:35 (UTC+04:00)
Industrial producer price index edges down in Georgia

The industrial producer price index decreased by 0.4 percent in Georgia in September 2013 compared to August, while by 4.6 percent compared to September 2012.

The Georgian statistics body told Azerbaijan's Trend news agency that price changes in a number of sectors had a major impact on index formation this September.

The prices decreased by 8.3 percent in the mining industry and the share of the sector in the total index edged down by 0.39 percentage points.

In this sector, the biggest price decline was recorded in a subsection of the mining industry (except the production of heat and power minerals) -- at 12.1 percent.

Prices reduced by 1.4 percent in the production and distribution of electricity, gas and water and the share of the sector in the total index decreased by 0.21 percentage points.

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