Provisional estimates show that when comparing November 2008 to the corresponding month the previous year, the industrial producer price index of the sampled enterprises increased by 15.5 per cent primarily due to higher energy prices.
Monthly changes
In November 2008, compared with the previous month, producer prices in total industry remained stable. Prices in the Domestic market were unchanged in all the sectors except for a decrease of 1.12 per cent in the Intermediate Goods Sector. Consumer Durables did not show any change for both the eurozone and non-eurozone markets. The Consumer Non-Durables sector decreased by a marginal 0.07 per cent in the eurozone market, whilst remaining constant in the non-eurozone market.
The largest increase amounted to 1.27 per cent, in the non-eurozone Capital Goods Sector, followed by 0.24 per cent in the eurozone Intermediate Goods Sector. On the other hand the largest decreases were of 0.83 per cent, in the non-eurozone intermediate Goods Sector, followed by 0.76 per cent in the eurozone Capital Goods Sector.
Annual changes
When comparing November 2008 to the same month in 2007, producer prices registered increases in the Domestic market for all Main Industrial Groupings (MIGs). On the other hand, in the Eurozone export market, decreases were registered in all Main Industrial Groupings except for Consumer Non-Durables whilst in the non-eurozone export market, decreases were registered in all the sectors except for the Consumer Durables sector, which remained stable.