The September producer price index for the total industry revealed a slight decline of 0.5 per cent when compared to August 2009. This decline was mainly the result of a drop in producer prices for Intermediate and Capital goods, where prices fell by 0.9 and 0.2 per cent respectively. Producer prices for the other main industrial groups remained unchanged.
Producer prices for the Domestic market rose by 0.1 points on account of price increases in the Consumer Non-Durables and Intermediate goods sectors, with the remaining sectors remaining stable.
On the other hand, producer prices for total exports fell by 0.8 per cent, to 80.3 points on account of a 1.0 per cent decline in producer prices for Intermediate goods within the Eurozone market, whereas producer prices in the non-Eurozone market remained unchanged, although a marginal decline of 0.2 per cent was recorded in the Capital goods sector.
Annual comparison
Overall, producer prices for the total industry for September fell by 5.5 per cent, from 100.1 points in September 2008 to 94.6 points this year, on account of a 9.4 and 1.6 per cent drop in the producer prices for Intermediate and Capital goods respectively. These declines were mitigated by increases in the producer prices of Consumer Durables, Consumer non-Durables, and the Energy sectors of 0.4, 0.3, and 1.5 per cent respectively.
Year-on-year, producer prices within the Domestic market registered a gain of 0.7 per cent, resulting from producer price increases in the Consumer Durables (+1.3 per cent), Consumer Non-Durables (+2.3 per cent) and Energy sectors (+1.5 per cent). On the other hand, the Capital and Intermediate goods sectors fell by 15.2 and 6.5 per cent respectively.
The period under review revealed that producer prices for total exports were down by 8.3 per cent, mainly on account of a 10.3 per cent decline in producer prices for Intermediate goods within the Eurozone market. On the other hand, producer prices for non-Eurozone exports were up marginally by 0.1 per cent.
NACE Classification
For the first time, this release has been compiled according to the NACE Rev. 2 classification (refer to methodological notes), which supersedes the NACE Rev. 1.1 version.