Industrial producer price index up by 1.3% on last year – NSO

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Industrial producer price index up by 1.3% on last year - NSOProvisional data indicate that the industrial producer price index in April increased by 1.34 per cent when compared to the corresponding month in previous year, the National Statistics Office said today.

On an annual basis, the industrial producer price index rose by 1.34 per cent when compared to 2015. This was due to an increase in prices within intermediate goods (3.10 per cent) and capital goods (0.32 per cent). On the other hand, prices within the consumer goods sector dropped by 0.19 per cent. Energy prices remained the same.

Producer prices for the domestic market increased by 1.00 per cent. Price increases were recorded in intermediate goods (1.63 per cent), consumer goods (1.41 per cent) and capital goods (0.66 per cent).

Non-domestic prices increased by 1.58 per cent, resulting from a rise of 1.13 per cent within the euro area and 1.85 per cent increase within the non-euro area.

During April, the producer price index for total industry increased by 0.99 per cent. Prices for intermediate goods rose by 2.65 per cent. On the other hand, prices dropped by 0.50 per cent within consumer goods and by 0.15 per cent in capital goods. Energy prices remained constant.

Domestic market prices decreased by 0.08 per cent. This was due to a drop in prices within consumer goods by 0.12 per cent and by 0.43 per cent in capital goods.

Prices for the non-domestic market increased by 1.75 per cent. This was due to price increases of 0.93 per cent within the euro area and of 2.22 per cent in the non-euro area.

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