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According to the State Statistics Service, the Industrial Product Price Index (IPPI) increased by 8.1% on average in January to July compared to the same period of 2018: by 9.6% domestically and by 1.6% abroad.
In the iron & steel sector, the price index for iron ore mining increased by 14.5% on average: by 3.8% domestically and by 24.7% abroad. While the prices in the steel industry and production of finished steel products dropped by 4.8%: by 4.3% domestically and by 5.4% abroad.
As reported earlier, in 2018, IPPI grew by 17.3%, in the iron ore mining industry — by 14.6%, in the steel industry and production of finished metal products — by 16.7%.
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