Reduces the index of purchase prices in the sector of plastics
Packaging and packaging materials
IPCO report
The report contains the results of the "study of economy of materials and products of purchase, purchase price indices" prepared 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 one hundred 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:
- Agri-food industry,
- Pharmaceutical chemistry and cosmetics,
- Chemical industries,
- Ferrous and non-ferrous metal materials
- Non-metallic materials,
- Electrical and electronic equipment
- Material of packaging and packaging,
- Material maintenance, security and general services,
- Health and hospital, material
- Food in hotel and catering,
- Building materials,
- Equipment and office equipment,
- Regard to cleaning and
- Operational costs.
The evolution of the prices of the different industrial sectors and services allows to obtain the index of purchase prices (IPCO), which indicates the variation of the set of prices of raw materials and products for purchase at Spain.
The AERCE index of purchase prices of raw materials and products purchase reached the value 100,16 to 1 July 2003. I.e. during the second quarter of the year has been a significant decline in the average prices of raw materials and products for purchase of - 0.63 per cent, the first time in a year that they are descended.
Among the sectors that have experienced a more significant fall in prices in the last quarter should be emphasized of the chemical industrial (- 2.33%), electrical (- 1.40 per cent) and to the maintenance and General Services (- 2.05%), more involved in the global fall in the index of purchase prices.
On the other hand, the inflationary rises in other sectors have been much weaker than falls in prices previously targeted in nature. Among the sectors that have experienced major price increases are the agri-food industry (+ 0.99%), the material of cleaning (+ 2.29%) and the electronic sector (+ 1.19%), sector East last recovering slightly after a year of continued declines in prices.
The forecast calculated for the October 1, 2003 is 99.97. I.e. it is expected that this deflationary process is not only of a seasonal nature, they will continue until the third quarter of the year. Even so, this new planned descent, of the order of - 0.19%, is not expected to be so marked as recorded in the second quarter.
