Industrial export and import prices decreased their increases in September to 16% and 28.8%.

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this Industrial Products Export Prices General Index noted 16% annual increase Last September, the rate was almost 2.5 percentage points lower than in August, as reported by the National Institute of Statistics (INE) this Friday.

This is the third fall in a row. Records the annual rate of export prices of industrial products after July and August.. By that time, this indicator had accumulated 20-month increases, with increasingly higher rates, even reaching record figures in 16 years.

Annual figure for September Due to the moderation in intermediate goods and energy prices, a discount was made compared to August.Compared to the increase in capital goods, which increased their annual rates by four-tenths, the rate of production of motor vehicles rose to 5.6% due to higher costs of production.

On the other hand, energy reduced its annual rate by almost 41 percentage points to 63.2%, due to oil refining, which increased less than in September 2021, and the fall in electricity generation prices.

On your own behalf Intermediate goods reduced their annual rate by almost one percentage point to 16.9%due to falling prices in the manufacture of chemical products and the production of precious metals.

in relation to import prices of industrial products increased by 28.8% in September Compared to the same month in 2021, the rate is one point lower than the previous month.

This development was mainly driven by non-durable goods and energy, which reduced its annual rate by approximately 8.5 percentage points to 104.8%, due to the lower cost of crude oil and gas extraction and coke plants, and Oil refining.

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