Industrial producer price index up slightly in August – NSO

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Industrial producer price index up slightly in August - NSOProvisional data indicate that the industrial producer price index in August 2016 increased by 0.19 per cent when compared to the corresponding month in previous year, the National Statistics Office said today.

This was due to an increase in prices within intermediate goods (1.45 per cent) and capital goods (0.91 per cent). Prices of consumer goods went down by 1.72 per cent. No price changes occurred in the energy sector.

Producer prices for the domestic market increased by 1.00 per cent. Price increases were recorded in intermediate goods (1.67 per cent), capital goods (1.53 per cent) and consumer goods (1.13 per cent).

Non-domestic prices decreased by 0.38 per cent due to a drop of 1.20 per cent within the euro area. Prices for the non-euro area rose by 0.10 per cent.

During August, the producer price index for total industry increased by 0.06 per cent mainly due to an increase in the prices for intermediate goods (0.18 per cent). Consumer goods dropped by 0.05 per cent. No changes were registered in the prices for the energy and capital goods sectors.

Domestic market prices decreased by 0.03 per cent due to a drop of 0.09 per cent within the consumer goods sector. No changes were registered in the other sectors.

Prices for the non-domestic market increased by 0.13 per cent. This was due to a rise of 0.09 per cent in the prices within the euro area and of 0.16 per cent within the non-euro area.

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