Industrial producer price index up 0.33% from July 2015

The industrial producer price index went up by 0.33% in July 2016 compared to the same period in 2015. According to figures this was due to an increase in prices within capital goods (0.71%), consumer goods (0.50%) and intermediate goods (0.20%). No price changes occurred in the energy sector.

According to figures, producer prices for the domestic market increased by 0.92% and price increases were recorded in intermediate goods (1.37 %), consumer goods (1.25%) and capital goods (1.10%) while non-domestic prices decreased by 0.07%, resulting from a drop in prices of 0.19% within the euro area and 0.01% within the non-euro area.

Figures show that during July the producer price index for total industry increased by 0.13% when compared to the previous month, when prices went up for intermediate goods (0.24%), capital goods (0.15%) and consumer goods (0.01%).

Domestic market prices increased by 0.04% due to a rise of 0.43% within capital goods but mitigated by a drop of 0.02% in the consumer goods sector.

Meanwhile, prices for the non-domestic market increased by 0.19% due to a rise of 0.13% in the prices within the euro area and of 0.23% within the non-euro area.