Provisional data indicate that the industrial producer price index in November increased by 0.36 per cent to 95.36 points over the previous month, the National Statistics Office said today.

Prices for intermediate and consumer goods increased by 0.78 and 0.05 per cent respectively. Energy and capital goods prices remained constant.

Prices within the domestic market decreased by 0.12 per cent on account of a drop of 0.48 per cent within the intermediary goods sector which was mitigated by a rise in consumer goods of 0.04 per cent.

Prices for the non-domestic market increased by 0.71 per cent as prices in respect of goods destined for the non-euro area and euro area rose by 0.85 and 0.47 per cent respectively (Table 1 and 2).

On an annual basis, the industrial producer price index decreased by 2.37 per cent. The downturn resulted from price decreases in energy (-6.98 per cent), consumer goods (-2.16 per cent) and intermediate goods (-2.08 per cent). However, prices for capital goods increased by 1.54 per cent.

Producer prices for the domestic market decreased by 1.91 per cent, mainly on account of a drop in prices for energy (-6.98 per cent) and intermediate goods (-0.58 per cent). In contrast, price increases were recorded in capital goods (+3.49 per cent), and consumer goods (+0.62 per cent).

During the period under review, non-domestic prices decreased by 2.71 per cent, resulting from declines of 3.95 per cent and 0.58 per cent within the non-euro and euro area respectively.

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