Industrial prices up 1.37% in August

Published by
Christian Keszthelyi

Malta’s industrial producer price index increased by 1.37% in August, as compared to the same month a year earlier, according to the most recent figures published by the NSO.

The overall growth was chiefly fuelled by a 1.88% increase in capital goods, a growth of 1.76% in intermediate goods and 1.43% in consumer goods. The energy sector saw no price changes, according to NSO figures.

The domestic market saw an industrial producer price growth of 0.73%. Prices of capital goods increased by 2.97%, consumer goods were up by 1.47% and intermediate goods were up by 0.07%.

Non-domestic prices were up by 1.81% due to a rise of 2.33% in the non-euro area and 0.83% in the euro area.

Christian Keszthelyi

Christian used to be the editor of Business Malta, the predecessor of Malta Business Weekly’s online platform. As an avid journalist and writer, he believes that good content has a great flow that seamlessly guides the reader from the beginning to the end. He knows that words have immense power, and ruthlessly edits his own copy when chasing perfection (although he knows an article is never ready.)

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