During January 2017, the industrial producer price index registered a decrease of 1.01 per cent when compared to January 2016, the National Statistics Office said today.
This was due to a drop of 2.93 per cent in intermediate goods. This decrease was mitigated by an increase of 0.68 per cent in consumer goods and by 0.65 per cent within capital goods. No price changes occurred in the energy sector.
Producer prices for the domestic market increased by 2.42 per cent. Price increases were recorded in the industrial sectors of consumer goods (5.74 per cent) and intermediate goods (1.55 per cent). No changes occurred within energy or capital goods.
Non-domestic prices fell by 3.39 per cent due to decreases of 3.67 per cent within the non-euro area and 2.90 per cent within the euro area.
During January 2017, the producer price index for total industry increased by 0.95 per cent over the previous month. This was due to a rise in the prices of consumer goods (2.69 per cent), capital goods (0.63 per cent) and intermediate goods (0.02 per cent). No changes were registered in the energy sector.
Domestic market prices rose by 2.25 per cent due to an increase of 5.56 per cent within consumer goods and 1.16 per cent within intermediate goods. No variations were registered in the energy and capital goods sectors.
Prices for the non-domestic market increased by 0.02 per cent due to a rise of 0.42 per cent in the euro area prices. This was mitigated by a drop of 0.22 per cent within the non-euro area.