Growth in prices of industrial producers reached 57.2% in 1999

/IRBIS, Jan.19, 00/ - REUTERS informs, with the reference to the Statistics agency of Kazakhstan, that in 1999 prices of industrial producers, including industrial services, rose 57.2% compared with 5.5% decline in 1998. Prices of industrial goods rose 60%, and industrial services rose 9%. "Dominant factor, which influenced the growth in prices of the industry, was the inflation of industry overheads, since prices for intermediate goods rose at faster paces (average of 4.4% a month), for consumer goods rose 1.2%, production means - 0.7%", reads monthly report of the agency. 95.5% increase in prices was also observed in mining industry. In processing industry - 58.7%, production and distribution of electricity, gas and water - 3.7%.