Provisional data indicate that the industrial producer price index went up by 1.1 per cent in May when compared to the previous month.

In May, the producer price index for total industry went up by 1.1 per cent, primarily as a result of an increase in prices of 2.1 per cent in the intermediate goods sector. The capital and consumer goods sectors both edged down by 0.1 per cent, while prices for energy remained stable.

Producer prices in the domestic market remained unchanged notwithstanding a marginal rise of 0.1 per cent in the intermediate goods sector.

During the month under review, prices for the non-domestic market went up by 1.8 per cent on account of a 2.2 per cent increase in prices for intermediate goods. On the other hand, prices for capital and consumer goods decreased by 0.1 and 0.2 per cent respectively.

Producer prices in respect of goods destined for the euro area rose by 2.0 per cent, reflecting an increase of 2.4 per cent in prices for intermediate goods. The producer prices of capital and consumer goods remained unchanged.

Prices for goods destined for the non-euro area declined by 0.1 per cent as a result of decreases in capital and consumer goods, of 0.1 and 1.1 per cent respectively. Mitigating this effect was an increase of 0.2 per cent in the intermediate goods sector.

Year-on-year, producer prices for total industry increased by 2.2 per cent. During this period, producer prices for intermediate goods rose by 4.1 per cent. Prices for energy rose by 0.2 per cent, while prices for consumer goods remained unchanged. A decline of 1.1 per cent in respect of capital goods was recorded.

Producer prices within the domestic market moved up by 0.8 per cent. Intermediate goods, energy, capital and consumer goods rose by 5.2, 0.2, 1.5 and 0.6 per cent respectively.

In the year under review, producer prices for goods destined for the non-domestic market advanced by 3.2 per cent on account of price increases in the euro and non-euro area, of 3.3 and 1.8 per cent respectively-

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