Prices of Industrial Raw Materials Continue to Fall

  • Claudia Pichl

The decline in prices of raw materials on world markets in 1991 (–11 percent) will continue into the current year, though given the slight pick-up in demand at a reduced rate (–1 percent). Prices of agricultural raw materials are likely to show a steeper downward trend than metal prices. In 1991, prices of industrial raw materials imported into Austria fell at a higher rate than prices on world markets.