Provisional data indicate that the industrial producer price index in April 2015 decreased by 2.00 per cent to 93.71 points over the previous month, the National Statistics Office said today.

Prices for energy and intermediate goods decreased by 14.02 and 0.40 per cent respectively, whilst consumer goods prices increased by 0.05 per cent. Capital goods prices remained constant.

Prices within the domestic market declined by 4.36 per cent. This was due to a decrease in energy prices by 14.02 per cent.

Prices for the non-domestic market decreased by 0.28 per cent as prices in respect of goods destined for the euro area decreased by 0.77 per cent. Mitigating this drop was an increase of 0.02 per cent in the non-euro area.

On an annual basis, the industrial producer price index went down by 2.61 per cent when compared to 2014. The downturn resulted from price decreases in energy (14.02 per cent) and intermediate goods (3.41 per cent).

On the other hand, prices within consumer and capital goods rose by 2.22 and 0.60 per cent respectively.

Producer prices for the domestic market decreased by 4.15 per cent, mainly on account of a drop in prices for energy (14.02 per cent) and intermediate goods (0.48 per cent). Price increases were recorded in capital goods (1.60 per cent) and in consumer goods (0.70 per cent)

During the period under review, non-domestic prices declined by 1.43 per cent, resulting from decreases of 1.69 per cent and 1.28 per cent within the euro and the non-euro area respectively.

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