In June, the producer price index for total industry went up by 2.8 per cent, primarily as a result of an increase in producer prices of 5.0 per cent in the intermediate goods sector. Furthermore, capital and consumer goods moved upward by 0.1 per cent. On the other hand, energy prices remained stable.

Producer prices for the domestic market decreased slightly by 0.1 per cent on account of a 1.0 per cent decline in prices for intermediate goods.

In the period under review, prices for the non-domestic market rose by 4.5 per cent on account of intermediate, capital and consumer goods, wherein prices rose by 5.4, 0.1 and 0.3 per cent respectively.

Producer prices in respect of goods destined for the euro area went up by 5.0 per cent, the main contributor being intermediate goods (+5.9 per cent), whereas a slight increase was recorded in prices for capital goods (+0.1 per cent ). No price change was registered for consumer goods. On the other hand, prices in respect of goods destined for the non-euro area rose by 0.3 per cent, the largest rise being in consumer goods (+1.4 per cent). Prices for capital goods edged up by 0.1 per cent.

Annual comparison – Year-on-year, producer prices for total industry increased by 3.3 per cent. Energy prices rose by 22.4 per cent, while capital and consumer goods both went up by 0.7 per cent. Offsetting this was a fall in intermediate goods of 3.6 per cent.

Producer prices within the domestic market grew by 16.9 per cent as a result of increases in energy (+22.4 per cent) and capital goods (+5.1 per cent), whereas intermediate goods declined by 2.7 per cent.

Provisional data indicate that in the period under review, producer prices for goods destined for the non-domestic market went down by 3.0 per cent on account of a 3.8 per cent decline in prices of goods for the euro area. For the non-euro area, prices advanced by 4.4 per cent when compared to the corresponding month in 2009.

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