Russian producer prices fall 0.5% in Nov - Rosstat
MOSCOW. Dec 17 (Interfax) - Russian producer prices fell 0.5% year-on-year in November after rising 0.3% in October, the Federal State Statistics Service (Rosstat) said.
Analysts told Interfax in a consensus forecast that they thought producer prices would fall 0.1% in November.
Prices grew 5.1% year-on-year in January-November 2014. They rose 2.6% in January-November 2013.
Producer prices fell 0.5% in September, were unchanged in August, grew 1.6% in July, 0.8% in June, 0.4% in May, 0.7% in April and 2.3% in March, fell 0.4% in February and grew 0.4% in January.
Prices in the extractive industry fell 4.7% in November after growing 0.2% in October. They fell 3.8% in the 11M. In fuel and energy, prices fell 8.1% for oil but grew 7.1% for natural gas liquefaction and regasification.
Manufacturing sector prices rose 0.7% in November and 0.4% in October (8.2% in 11M). In November, prices went up 8% for the production of general-purpose machinery and equipment not included in other groups of goods, and 4% for pumps, compressors and hydraulic systems.
Prices in the utilities sector (gas, electricity and water) grew were unchanged in November after growing 0.4% in October. They grew 3.8% in 11M.