Provisional data indicate that the industrial producer price index in March increased by 0.38 per cent over the previous month, the NSO said.
During March, the producer price index for total industry increased by 0.38 per cent to 95.63 points. Prices for intermediate, consumer and capital goods increased by 0.59, 0.30 and 0.15 per cent respectively. Energy prices remained constant.
Prices within the domestic market increased by 0.13 per cent. This was due to increases within the capital goods (0.45 per cent), intermediate goods (0.25 per cent) and consumer goods (0.08 per cent).
Prices for the non-domestic market increased by 0.56 per cent. Prices in respect of goods destined for the non-euro area increased by 0.72 per cent, and for the euro area by 0.28 per cent.
Annual comparison
On an annual basis, the industrial producer price index decreased by 2.33 per cent. The downturn resulted from price decreases in energy (6.98 per cent) and intermediate goods (4.51 per cent). Prices in respect of consumer goods and capital goods rose by 1.89 and 0.57 per cent respectively.
Producer prices for the domestic market decreased by 2.00 per cent, mainly on account of the drop in energy prices. On the other hand, increases were observed in capital goods
(1.54 per cent) and consumer goods (0.85 per cent).
In March, non-domestic prices decreased by 2.50 per cent. This resulted from drops of 2.75 per cent and 2.12 per cent with regard to the non-euro and euro area respectively