The industrial selling price index edged up 8.5% in March in a year-on-year basis (9.5% in February 2019), according to data published by the National Institute of Statistics (INS).
This rise is due to the 8.1% increase in prices of manufacturing industry products on the one hand and the 22.7% rise in the prices of products derived from industrial extraction on the other, and this because of higher prices of energy and non-energy extraction products by 20.8% and 39.7%, respectively.
The increase in the prices of manufacturing industry products is caused by the rise recorded in most sectors, the INS said.
Indeed, the prices of agro-food industry products went up 6.2%, refining products (35.8%), mechanical and electrical industry products (4.9%).
As such, increases were recorded at the level of products of rubber and plastics industries (+11.3%), wood industry (+9.8%), paper and board industry (+8%).
On a monthly basis, the industrial selling price index in March 2019 edged up 0.1%, against 0.6% in February.
The prices of manufacturing products are still stable, despite the 0.4% growth in the prices of agricultural and food products, 23.8% in the prices of refinery products and 0.3% in those of mechanical and electrical products.
However, the prices of extraction industry dropped by 0.4%.