Industrial producer price index on the decline
Provisional data published Tuesday by the NSO indicate that the industrial producer price index in December decreased by 0.5 per cent when compared to the previous month.
Price movements in the domestic sphere decreased by 0.1 per cent. Intermediate and consumer goods declined by 0.5 and 0.1 per cent respectively. No price changes were registered in the energy or capital goods sectors.
Producer prices in the non-domestic market decreased from 75.6 points in November to 75.0 points in December 2012, a monthly change of 0.8 per cent. The negative contribution was due to a drop in intermediate goods prices. There were no other changes for non-domestic producer prices.
Producer prices in respect for goods destined for the euro area decreased by 0.9 per cent, while prices for the non-domestic non-euro area reported no material changes.
Year-on-year comparisons indicate that producer prices for total industry remained stable. During this period, producer prices for intermediate goods went down by 0.7 per cent. This
was completely offset by increases of 0.4 and 1.9 per cent respectively for capital and consumer goods. No price changes were registered in energy prices.
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