Last Updated on Friday, 5 July, 2019 at 11:37 am by Manfredi Bertelli
Malta’s industrial producer price index went up by 1.2% in May 2019 compared to the same month of 2018, according to a National Statistic Office (NSO) press release.
Focusing on the whole year, this growth was due to a rise of 2.06% in intermediate goods, 1.3% in consumer goods and 0.06% in capital goods.
Furthermore, industrial producer prices for the domestic market increased by 0.80%. Price rises were recorded within intermediate goods (1.87%) and consumer goods (1.17%).
Non-domestic prices increased by 1.48% due to a rise of 2.03% within the non-euro area and 0.44% within the euro area, as the NSO press release says.
Focusing on May 2019, the producer price index for total industry registered an increase of 0.38% over April.
This was due to a price rise of 1.02% within intermediate goods but mitigated by a drop of 0.13% in the consumer goods sector.
On the one hand, domestic prices rose by 0.02% due to a rise of 0.07% in the consumer goods sector.
On the other hand, non-domestic prices rose by 0.61% due to an increase of 0.76% within the non-euro area and 0.31% within the euro area.
The full report including charts and visual representation of data is available for download at the website of NSO.