Provisional estimates show that when comparing December 2008 to the corresponding month the previous year, the industrial producer price index of the sampled enterprises increased by 15.7 per cent primarily due to higher energy prices.

Monthly changes

In December 2008, compared with the previous month, producer prices in total industry declined by 0.3 per cent. Prices in the Domestic market were relatively stable in all the sectors except for a decrease of 2.0 per cent in the Capital Goods Grouping, and an increase of 0.6 per cent in Intermediate Goods.

For both the eurozone and non-eurozone markets Prices for Consumer Durables did not show any change while those for the Intermediate Goods Grouping showed decreases of 1.5 and 2.1 per cent for the eurozone and non-eurozone markets respectively.

An increase of 1.9 per cent was recorded for the Consumer Non-Durables, in the non-eurozone market. In the meantime the Consumer Non-Durables Grouping in the eurozone market decreased by 0.2 per cent.

A decline of 0.2 per cent was recorded in the Capital Goods Grouping for the eurozone sector.

Annual changes

When comparing December 2008 to the same month last year, producer prices in the Domestic market registered increases 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. In the non-eurozone export market, decreases were registered in all the Groupings except for Consumer Durables, which remained stable.

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