Statistics Agency: Industrial manufacturers' prices surge 7.2 % in July 2008

/Statistics Agency of Republic of Kazakhstan, August 6, 08/ - Industrial manufacturers' production prices increased by 7.2 % in July 2008 In percents, growth +, decrease - ------------------------------------------------------------------------------ July 2008 to: ------------------------- July December Jan- July 2008 June 2008 2007 2007 to Jan- July 2007 -------------------------------- --------- ---- -------- ----------------- Industrial products, including services of production character 7.2 66.1 38.9 49.7 Goods produced 7.4 69.7 40.8 52.5 Sources of production 0.7 37.4 17.4 34.6 Products of intermediate usage 8.0 74.6 43.6 56.1 Consumer goods 0.8 21.1 10.0 18.1 Services of production character 1.1 8.0 3.8 7.9 ------------------------------------------------------------------------------ In July, prices growth was fixed in all sections, concerning industrial production: mining industry prices grew by 9.5 %, processing industry - by 2.5 %, in production and distribution of electrical energy, gas and water by 1.4 %. Prices dynamic in industry was formed under the influence of oil increase by 9.7 %, gas condensate - by 8.1 %, oil products - by 4.2 %, electric energy - by 0.8 %. In metallurgical industry over last month, the increase of prices was noted for rolling of ferrous metals - by 12.2 %, ferroalloys - by 3.3 %, precious metals - by 1.7 %, raw aluminum - by 1.6 % and their decrease for lead - by 7%, zinc - by 2.3 % and copper - 1.8 %. Foodstuffs, made in the republic, grew for the last month by 1.1 %, cereals - 12.4 %, poultry meat - by 9.3 %, cattle meat - 3.3 %, sugar - 3.1 %, wheat flour - 1.6 % and vegetable oil - 1.1 %, for milk products had fallen by 1.2%. Index of enterprisers-manufactures shows the dynamics of prices of industrial products, produced by Republican enterprisers. When building the index the scheme of weighting, formed on the basis of data on prices of products, produced by industrial enterprisers of the republic in acting prices for a certain year is used. Prices' changes are observed at selected network of basis enterprisers of various forms of property and products. [2008-08-06]