Industrial producer price index rose slightly in November – NSO

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Industrial producer price index rose slightly in November - NSOProvisional data indicate that the industrial producer price index in November 2015 increased by 0.62 per cent and reached 94.88 points, when compared to the previous month, the National Statistics Office said today.

Prices for consumer and intermediate goods increased by 1.05 and 0.63 per cent respectively. Energy and capital goods prices remained constant.

Prices within the domestic market increased by 0.32 per cent. This was due to an increase in prices within intermediate and consumer goods by 0.67 and 0.39 per cent respectively. Capital goods remained the same.

Prices for the total non-domestic market increased by 0.84 per cent. Prices within the non-euro area increased by 1.17 per cent, whilst that of the euro area by 0.24 per cent.

On an annual basis, the industrial producer price index went down by 2.63 per cent when compared to 2014. The downturn resulted from price decreases in energy (14.02 per cent) and intermediate goods (3.77 per cent). On the other hand, prices within capital and consumer goods rose by 2.15 and 2.03 per cent respectively.

Producer prices for the domestic market decreased by 3.00 per cent, mainly on account of a drop in prices for energy (14.02 per cent). Price increases were recorded in capital goods (4.6 per cent), intermediate goods (2.81 per cent) and consumer goods (0.76 per cent).

Non-domestic prices declined by 2.31 per cent, resulting from decreases of 2.38 per cent and 2.21 per cent within the non-euro and the euro area respectively.

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