During November this year, the industrial producer price index registered a decrease of 1.08 per cent when compared to the corresponding month last year, the National Statistics Office reported today.

It said that, this was due to a drop of 2.10 per cent in the prices within the consumer goods category and by 1.04 per cent within intermediate goods. This was mitigated by an increase of 0.50 per cent in capital goods. No price changes occurred in the energy sector.

Producer prices for the domestic market increased by 0.22 per cent. Price increases were recorded in the consumer goods (0.98 per cent) and capital goods (0.43 per cent) categories. However, this was mitigated by a decrease of 0.60 per cent in the intermediate goods grouping.

Non-domestic prices fell by 1.99 per cent due to decreases of 2.17 per cent within the euro area and 1.89 per cent within the non-euro area.

During the month under review, the producer price index for total industry declined by 0.31 per cent over that recorded in October this year mainly due to a drop in the prices for intermediate goods (0.80 per cent). On the contrary, prices for consumer and capital goods increased by 0.14 and 0.02 per cent respectively. No changes were registered in the prices for the energy sector.

Domestic market prices rose by 0.08 per cent due to an increase of 0.23 per cent within consumer goods. No variation was registered in the other categories.

Prices for the non-domestic market decreased by 0.59 per cent. This was due to a decline of 0.69 per cent in the prices within the non-euro area and by 0.42 per cent within the euro area.

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