Official statistics: July’s industrial production prices down 2 percent y-o-y

Official statistics: July’s industrial production prices down 2 percent y-o-y

Industrial production prices for both the domestic and foreign market dropped 2 percent in July 2015 compared to the same month of the previous year, while compared to June 2015 the drop was 0.5 percent, the National Institute of Statistics (INS) informed on Wednesday.

In a y-o-y comparison, industrial production prices were 1.5 percent down in July 2015 from the same period of the year before, while on the foreign market industrial production prices decreased by 2.9 percent. More…