Provisional data indicate that the industrial producer price index in December edged up by 0.02 per cent over the previous month, the National Statistics Office reported today.

In December, the producer price index for total industry went up by 0.02 per cent to 97.69 points. Prices increased by 0.10 per cent for intermediate goods but decreased by 0.07 per cent in consumer goods. No changes were reported for energy and capital goods.

Prices within the domestic market went up by 0.07 per cent, on account of increases in intermediate and consumer goods, by 0.19 and 0.05 per cent respectively.

Prices for the non-domestic sector went down by 0.01 per cent in view of a decrease of 0.15 per cent in consumer goods, while prices for intermediate goods increased by 0.07 per cent. No price changes were reported in capital goods.

Producer prices in respect of goods destined for the euro area increased by 0.03 per cent. Furthermore, prices in the non-euro area declined by 0.03 per cent on account of a 0.25 per cent decrease in consumer goods.

On an annual basis, the producer price index decreased by 3.26 per cent. The downturn resulted from price decreases in intermediate goods (-5.83 per cent), capital goods (-0.07 per cent) and consumer goods (-1.97 per cent). No price change was registered in the energy sector.

Producer prices for the domestic market went down by 0.13 per cent, on account of decreases in prices for intermediate and capital goods. Mitigating this decrease was an increase in prices for consumer goods of 1.28 per cent.

During the period under review, non-domestic prices decreased by 5.41 per cent, as both goods destined for the euro and non-euro area registered a decline in prices of 1.41 and 7.58 per cent respectively.

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