Provisional data indicate that the industrial producer price index in February decreased by 1.64 per cent over the previous month, the National Statistics Office said today.

In February, the producer price index for total industry went down by 1.64 per cent to 95.32 points. Prices decreased by 3.77 per cent for intermediate goods and by 0.02 per cent for consumer goods. No changes were reported for energy and capital goods.

Prices within the domestic market declined by 0.01 per cent, due to a 0.02 per cent drop in consumer goods. Other sectors within the domestic market remained stable.

Prices for the non-domestic sector went down by 2.87 per cent in view of a decrease of 5.07 per cent of intermediate goods and a decline of 0.03 per cent in consumer goods.

Producer prices in respect of goods destined for the euro area decreased by 1.97 per cent while prices in the non-euro area went down by 3.41 per cent.

On an annual basis, the industrial producer price index decreased by 2.10 per cent. The downturn resulted from price decreases in intermediate goods by 6.50 per cent. However, price increases of 1.42 per cent and 2.10 per cent were recorded in capital and consumer goods respectively. No price changes were registered in the energy sector.

Producer prices for the domestic market increased by 0.29 per cent, mainly on account of a rise of 3.29 and 1.05 per cent in capital and consumer goods respectively. A decrease of 1.30 per cent was registered for intermediate goods.

During the period under review, non-domestic prices fell by 3.86 per cent, on account of a 0.89 and 5.57 per cent declines registered in the euro and non-euro area respectively.

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