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May
8th
2008

Industrial producer price index drops by 3.8%

Author: Gozo News | Filed under Local News |  0 comments  

Statistics
Provisional estimates show that, when comparing February 2008 to the corresponding month last year, the industrial producer price index of the sampled enterprises dropped by 3.8 per cent.

Monthly changes - In February 2008, compared with the previous month, producer prices in total industry declined marginally. This was primarily due to a decrease in prices for those enterprises trading with other euro area countries. Within the domestic market, prices in the energy sector remained unchanged. In both the domestic and non-domestic markets, intermediate goods also declined.

Annual changes - In February 2008, compared with February 2007, producer prices in total industry also declined. This decrease is attributable to the export-oriented enterprises. Prices edged up in the domestic market.

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