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 Suben un 4,5% los precios de material de acondicionamiento, envases y embalajes

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Up to 4.5% material of packaging, containers and packaging prices

15/03/2005

The rate of annual variation of the index of purchase prices in the sector of packaging, containers and packaging material stood at 4.53 percent, during the 4th quarter of 2004. For its part, the quarterly variation rate reached 2.72 percent, 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 reached the value 109.68 in the fourth quarter of 2004. (Basis 100-01/01/2000). With this data, you can see that in the aggregate of 2004 prices grew significantly, of the order of the (4.53) per cent.

Also, if we compare the recorded prices this quarter with the third quarter of 2004, we see that they also experienced an inflationary surge, although in this case was of the order of the (2.72 per cent).

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

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