In November, the producer price index for total industry edged up by 0.5 per cent. This rise was reflected in a 1.0 and 0.1 per cent increase in prices for intermediate and consumer goods respectively. Mitigating this rise was a drop of 0.1 per cent within the capital goods sector. Energy prices remained stable.
During the month under review, the total index of prices for the domestic market remained unchanged. The increase of 0.2 per cent in the consumer goods sector was offset by decreases in prices for the intermediate and capital goods sectors of 0.5 and 2.5 per cent respectively. No price changes were recorded for energy.
Overall, producer prices in the non-domestic market advanced by 0.9 per cent, in view of increases of 1.1 per cent in the intermediate goods sector, and of 0.1 per cent both in the capital goods and in the consumer goods sectors.
Producer prices in respect of goods destined for the euro area rose by 1.0 per cent, resulting mainly from an increase of 1.2 per cent in prices for intermediate goods. This was slightly offset by a decline in prices of capital goods of 0.1 per cent.
Prices for goods destined for the non-euro area went up by 0.2 per cent in view of rises of 0.1, 0.3 and 0.4 per cent in the intermediate, capital and consumer goods respectively.
Year-on-year, producer prices for total industry declined by 4.5 per cent. During this period, producer prices for intermediate goods dropped by 9.0 per cent. On the other hand, prices for energy and consumer goods went up by 0.2 and 1.6 per cent respectively. Prices for capital goods remained unchanged.
Producer prices within the domestic market edged up by 0.8 per cent. This was due to price increases for intermediate goods, energy, and consumer goods, which experienced price gains of 2.7, 0.2, and 1.8 per cent respectively. Meanwhile, capital goods decreased by 2.5 per cent.
During this period, producer prices for goods destined for the non-domestic market decreased by 8.0 per cent on account of a drop in prices in the euro area of 9.4 per cent. This was partly mitigated by an increase of 4.1 per cent in prices for goods destined for the non-euro area.
These figures were supplied by the National Statistics Office.