This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El precio del material de acondicionamiento, envase y embalaje sufre un repunte inflacionista el primer trimestre de año
The price of packaging and packaging material suffers an inflationary rise the first quarter of year
11/07/2005
on July 11, 2005
The interannual variation of the index of purchase prices in the sector of packaging material, packaging was in the + 7.78% during the first quarter of the year 2005. For its part, the quarterly variation rate reached the + 3.50%, due to an also significant increase in the prices of these materials with respect to the previous quarter.
The index of prices of purchase Aerce of packaging, containers and packaging sector has reached the value 113.52 in the first quarter of 2005. (Basis 100-01/01/2000). With this data, you can see that this beginning of year, compared with the 2004, has been an inflationary spike of the order of the (+ 7.78%). Also, if we compare the recorded prices this quarter with the last quarter of 2004, we see that they have also grown significantly, in particular of the order of the (+ 3.50%).
Index of purchase prices (IPCO) is a study by Aerce (Spanish Association of responsible of purchases and stocks) on a quarterly basis, since 1996. The information is provided by a panel of more than 100 companies associated to Aerce in Spain.
The study presents the evolution of prices of more than 500 commodities and purchases products, grouped in different industrial sectors and services. The evolution of prices of the different industrial sectors and services allows to obtain the index of prices of purchase (IPCO) estimated by the weighted average of each sector in the whole of Spanish GDP, which indicates the variation of the set of purchase prices of raw materials and products from shopping in Spain.
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Asociación Española de Profesionales de Compras, Contratación y Aprovisionamientos
