According to the latest data from the National Statistics Office, during August the industrial producer price index registered an increase of 3.64% when compared to the corresponding month of the previous year.

The NSO noted that when compared to August last year, the industrial producer price index increased by 3.64%. Price increases were registered in all the main industrial groupings except energy.

The highest increase was registered in consumer goods (8.54%) followed by capital goods (3.27%) and intermediate goods (1.63%).

Industrial producer prices for the domestic market increased by 9.39%. The NSO said that price rises were recorded in the intermediate goods (20.82%), capital goods (14.68 per cent) and consumer goods (10.58%).

Non-domestic prices increased by 0.10%. The prices of goods destined to the non-euro area rose by 0.46% while those destined to the euro area dropped by 0.60%.

During August this year, the NSO said that the industrial producer price index increased by 0.65% when compared to the previous month. Consumer goods and capital goods rose by 3.15% and 0.13% respectively. A drop of 0.73% was recorded in the intermediate goods. There were no price changes in the energy sector.

Domestic market prices increased by 0.0% due to an increase of 0.04% in consumer goods.

Non-domestic prices increased by 1.08, the NSO said.. The prices of goods destined to the non-euro area rose by 1.77% while those destined to the euro area declined by 0.22%.

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