Friday, August 31, 2007

Dutch Producer Prices Rises In July

Aug 31, 2007 - Dutch producer prices rose 3.1% on year in July, the Central Bureau of Statistics or CBS said Friday.

The increase was almost equal to the 3.2% logged in June.

Since the beginning of the year, continuous modest price rises have seen in the nation, but the trend reversed in July.

In July, prices in the petroleum processing industry dropped 3.3%.

The CBS report showed that prices in the food and drinks industry rose 10.2% in July following a 7.3% rise in June. Selling Prices rose by more than 8% in the wood industry, but this was lower than the increases recorded in previous months, the CBS said.

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