In October 2016, the industrial producer price index decreased by 0.16 per cent when compared to the corresponding month in previous year, the National Statistics Office said today.

This was due to a decrease of 1.21 per cent in the prices within the consumer goods category but mitigated by increases in the capital goods (0.48 per cent) and intermediate goods (0.38 per cent) categories. No price changes occurred in the energy sector.

Producer prices for the domestic market increased by 0.45 per cent. Price increases were recorded in the consumer goods (1.13 per cent), capital goods (0.43 per cent) and intermediate goods (0.06 per cent) categories.

Non-domestic prices fell by 0.59 per cent due to decreases of 1.52 per cent within the euro area and 0.04 per cent within the non-euro area.

During October the producer price index for total industry declined by 0.14 per cent over September due to a drop in the prices for intermediate goods (0.33 per cent). On the contrary, the prices for the consumer goods category rose up by 0.02 per cent. No changes were registered in the prices for the energy and capital goods sectors.

Domestic market prices decreased by 0.01 per cent due to a drop of 0.03 per cent within the consumer goods category. No changes were registered in the other categories.

Prices for the non-domestic market decreased by 0.24 per cent. This was due to a decline of 0.27 per cent in the prices within the non-euro area and 0.18 per cent within the euro area.

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