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Austria Wholesale Prices Year-over-Year (YoY)

Price

0.5 %
Change +/-
+0.2 %
Percentage Change
+50.00 %

The current value of the Wholesale Prices Year-over-Year (YoY) in Austria is 0.5 %. The Wholesale Prices Year-over-Year (YoY) in Austria increased to 0.5 % on 6/1/2024, after it was 0.3 % on 5/1/2024. From 1/1/1997 to 7/1/2024, the average GDP in Austria was 2.18 %. The all-time high was reached on 6/1/2022 with 26.5 %, while the lowest value was recorded on 7/1/2009 with -11.5 %.

Source: Statistics Austria

Wholesale Prices Year-over-Year (YoY)

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Wholesale Prices YoY

Wholesale Prices Year-over-Year (YoY) History

DateValue
6/1/20240.5 %
5/1/20240.3 %
2/1/202310.2 %
1/1/202313.2 %
12/1/202214.4 %
11/1/202216.5 %
10/1/202221.2 %
9/1/202220.6 %
8/1/202221.3 %
7/1/202222.8 %
1
2
3
4
5
...
21

Similar Macro Indicators to Wholesale Prices Year-over-Year (YoY)

NameCurrentPreviousFrequency
🇦🇹
Consumer Price Index (CPI)
123.9 points123.8 pointsMonthly
🇦🇹
Consumer Price Index for Housing and Utilities
132.7 points132.5 pointsMonthly
🇦🇹
CPI Transport
127.4 points128.4 pointsMonthly
🇦🇹
Food Inflation
1.69 %2.83 %Monthly
🇦🇹
GDP Deflator
128.63 points126.51 pointsQuarter
🇦🇹
Harmonized Consumer Prices
134.4 points134.3 pointsMonthly
🇦🇹
Harmonized Inflation Rate MoM
-0.3 %0.04 %Monthly
🇦🇹
Harmonized Inflation Rate YoY
2.9 %3.1 %Monthly
🇦🇹
Inflation Rate
3 %3.4 %Monthly
🇦🇹
Inflation Rate MoM
0 %0.2 %Monthly
🇦🇹
Producer Price Change
-3.5 %-4.8 %Monthly
🇦🇹
Producer Price Inflation MoM
0.2 %0.1 %Monthly
🇦🇹
Producer prices
116.9 points116.7 pointsMonthly
🇦🇹
Wholesale prices
130 points131 pointsMonthly
🇦🇹
Wholesale Prices MoM
-0.8 %0.5 %Monthly

The Wholesale Price Index reflects the price trends for goods sold by wholesale enterprises. Prices for the 387 items included in the basket of goods are surveyed at approximately 200 wholesale enterprises. These enterprises voluntarily provide around 1,400 wholesale selling prices (exclusive of VAT) each month.

What is Wholesale Prices Year-over-Year (YoY)?

The "Wholesale Prices YoY" category is a crucial macroeconomic indicator that plays a vital role in understanding pricing trends and inflationary pressures within an economy. At Eulerpool, we prioritize providing our users with detailed and accurate macroeconomic data, and our comprehensive examination of wholesale prices on a year-over-year (YoY) basis is designed to offer deep insights into these fundamental metrics. Wholesale prices represent the cost of goods sold in bulk by manufacturers and other primary producers to retailers and industrial consumers. These prices serve as a bellwether for the overall pricing environment, impacting a wide range of economic activities. By analyzing these prices on a YoY basis, we uncover trends that can indicate shifts in economic conditions, supply chain dynamics, and market demand. One of the primary functions of the Wholesale Prices YoY metric is to act as an early indicator of inflation. Inflation, the persistent increase in the general price level of goods and services, erodes purchasing power and prompts central banks to adjust monetary policy. A rising trend in wholesale prices often signals that higher costs may soon be passed on to consumers, contributing to consumer price inflation. Conversely, a decline in wholesale prices could suggest deflationary trends or reduced demand, prompting concerns about economic stagnation. Wholesale Prices YoY data helps businesses and investors make informed decisions. For businesses, this data is invaluable in forecasting cost structures, setting pricing strategies, and managing supply chain risks. A manufacturer, for example, may use this data to anticipate changes in raw material costs and adjust their procurement strategies accordingly. Retailers can leverage this information to optimize inventory management and pricing policies to maintain competitiveness and profitability. In the realm of investment, wholesale price trends can influence market sentiment and asset allocation. Investors scrutinizing macroeconomic indicators, including Wholesale Prices YoY, gain insights into the health of various sectors and the broader economy. Rising wholesale prices may signal robust economic activity and rising corporate profits, which can bolster equity markets. However, if higher wholesale prices are not accompanied by corresponding increases in consumer prices and wages, it could indicate cost-push inflation, which erodes margins and might adversely impact corporate earnings and equity markets. Our data for Wholesale Prices YoY is meticulously sourced and rigorously analyzed to ensure accuracy and relevance. We gather this crucial information from a variety of authoritative sources, including government reports, industry publications, and market research findings. By employing advanced analytical tools and data verification processes, we provide users with reliable metrics that can be seamlessly integrated into various analytical frameworks and decision-making processes. The importance of Wholesale Prices YoY data extends to policymakers as well. Central banks and government agencies monitor this metric to gauge inflationary pressures and the overall economic health. A sustained increase in wholesale prices could prompt central banks to consider tightening monetary policy to curb inflation, such as raising interest rates or reducing asset purchases. Conversely, a decline in wholesale prices may signal economic weakness, prompting stimulus measures to support growth and demand. Moreover, wholesale price data enables international comparisons and competitiveness assessments. By analyzing YoY changes in wholesale prices across different countries and regions, economists and analysts can assess the relative price stability and inflationary trends. This, in turn, helps multinational corporations and investors understand the competitive landscape, manage currency risks, and formulate market entry or exit strategies. At Eulerpool, our commitment to delivering precision in macroeconomic data extends to user accessibility and interpretability. We present Wholesale Prices YoY data through intuitive interfaces, interactive charts, and detailed reports. Users can explore historical trends, conduct comparative analyses, and generate forecasts based on robust datasets. Our platform allows for customized views, empowering users to focus on specific geographies, industries, or time frames relevant to their needs. In conclusion, the Wholesale Prices YoY category is an indispensable component of macroeconomic analysis. By examining the annual changes in wholesale prices, businesses, investors, policymakers, and analysts can gain critical insights into inflationary trends, economic conditions, and market dynamics. At Eulerpool, we are dedicated to providing our users with high-quality, actionable data that enhances their understanding of these vital economic indicators. Our comprehensive approach, backed by rigorous data collection and analysis, underscores our commitment to empowering users with the information they need to make informed decisions in an ever-evolving economic landscape.