Displaying items by tag: Producer prices

The Oficina Nacional de Estadísticas y Censos (ONEC) through the Banco Central de Reserva (BCR), released the bulletin of the Índice General de Precios al Productor (IPP), which indicates that the annual inflation rate at producer level in january 2024 was 1.43%, mainly driven by the increase in prices in twelve of its thirteen sections compared to january 2023 which was 1.83%.

According to the Oficina Nacional de Estadísticas y Censos (ONEC), of the Banco Central de Reserva (BCR), the General Producer Price Index as of february 2023, was 129.68 with a monthly variation of 30%, reflecting an increase in prices in relation to january section with higher growth in real estate activities.

According to La Dirección General de Estadística y Censos (DIGESTYC), producer prices increased during august 2021, this is due to multiple factors that are generating hikes in finished products.