austria

Falling log and lumber price indices

Article by Martina Nöstler (translated by Eva Guzely) | 16.09.2022 - 09:50

In July, the price indices of log wood and lumber both saw decreases compared to the previous month, with the lumber price index falling more sharply than that of log wood.

The Austrian Timber Industry Association identified a log price index value of 172.98% (base: January 2001 = 100%) for the month of July. Compared to June, the index saw a decrease of 9.84 percentage points. In that month, the index value had reached its highest level since records began in 2001, i.e. 182.82%. Compared to July 2021, an increase of 18.27 percentage points was recorded.

The lumber price index fell sharply in July, by 16.34 percentage points month-on-month to 222.08%. Compared to July 2021, when the index value was at 242.36%, it saw a decrease of 20.28 percentage points.

As always, you can track the development of the price indices in our Datacube.

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