In November, the producer price index for total industry went down by 1.9 per cent, primarily as a result of a decrease in producer prices of 3.4 per cent in the intermediate goods sector. During this month, energy and capital goods prices remained stable, while prices for consumer goods fell by 0.4 per cent.
Producer prices in the domestic market remained stable, although prices for both intermediate and capital goods rose by 0.3 per cent.
In the month under review, prices for the non-domestic market went down by 3.2 per cent due to declines in the intermediate and consumer goods sectors, of 3.7 and 0.7 per cent respectively. On the other hand, prices for capital goods remained stable.
Producer prices in respect of goods destined for the euro area decreased by 3.6 per cent; the main contributors to this decline were intermediate goods (-4.2 per cent) and capital goods (-0.1 per cent). Prices for consumer goods remained stable over the period under review.
Prices for goods destined for the non-euro area went up by 0.4 per cent, with increases registered in intermediate goods (+2.3 per cent) and capital goods (+0.1 per cent). In contrast, consumer goods registered a decline of 4.3 per cent.
Year-on-year, producer prices for total industry increased by 2.9 per cent. During the period, energy prices rose by 22.4 per cent, capital goods by 0.9 per cent, and consumer goods by 4.1 per cent. Offsetting these was a drop in prices for intermediate goods of 5.3 per cent.
Producer prices within the domestic market grew by 14.8 per cent as a result of increases in energy (+22.4 per cent) and capital goods (+8.3 per cent). Furthermore, intermediate and consumer goods both advanced by 0.5 per cent.
In the period under review, producer prices for goods destined for the non-domestic market fell by 3.8 per cent on account of a 4.7 per cent decline in prices of goods for the euro area. On the other hand, prices for goods destined for the non-euro area advanced by 4.9 per cent.