Provisional data indicate that the industrial producer price index in April decreased by 0.9 per cent when compared to the previous month, the National Statistics Office said today.

In April, the producer price index for total industry declined by 0.9 per cent over the previous month. This was due to a fall in intermediate and consumer goods by 1.7 and 0.2 per cent respectively. There were no changes in the energy and capital goods sectors.

General price movements in the domestic sphere remained relatively stable for three consecutive months. A drop in intermediate goods by 0.4 per cent was offset by a 0.1 per cent increase in consumer goods.

The non-domestic sector was characterised by a decrease of 1.6 per cent. The major contributor to this dip was intermediate goods at 1.9 per cent, and a further drop of 0.5 per cent was registered in the consumer goods sector.

Producer prices in respect of goods destined for the euro area went down by 1.9 per cent, while prices for goods destined for the non-euro area increased by 0.4 per cent.

On an annual basis, the producer price index declined from 95.5 to 94.8 points, that is by 0.7 per cent. During this period, producer prices for intermediate goods went down by 1.6 per cent. Offsetting this was an increase of 0.9 per cent in the consumer goods sector. No price changes were registered for energy and capital goods.

Producer prices for the domestic market edged up by 0.6 per cent, resulting from an increase in prices for intermediate and consumer goods by 3.0 and 1.2 per cent respectively.

The period under review revealed that producer prices for goods destined for the non-domestic market decreased by 1.7 per cent on account of a drop in prices in the euro area by 1.9 per cent, with prices for goods in the non-euro area remaining stable.

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