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STATISTICS MALTA

Malta: Producer price index = - 0,3 %

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POLITICS 8

During March 2024, the industrial producer price index registered a decrease of 0.3 per cent when compared to the corresponding month of 2023.

Annual comparison

When compared to March 2023, the industrial producer price index dropped by 0.3 per cent. Intermediate goods decreased by 2.6 per cent. Price increases were registered in the capital goods (1.7 per cent) and in the consumer goods (1.1 per cent). No price change occurred in the energy sector.

Industrial producer prices for the domestic market increased by 0.7 per cent. Price rises were recorded in the consumer goods (4.1 per cent) and in the capital goods (0.1 per cent). On the other hand, the intermediate goods dropped by 1.0 per cent.

Non-domestic prices decreased by 1.3 per cent. The prices of goods destined to the non-euro area declined by 2.3 per cent while those destined to the euro area increased by 0.1 per cent.

Monthly comparison

During March 2024, the industrial producer price index decreased by 0.2 per cent when compared to February 2024. Intermediate goods dropped by 0.6 per cent, however, there was an increase of 0.1 per cent in the consumer goods sector. There were no price changes in the energy and capital goods sectors.

The overall domestic market did not change while the non-domestic prices decreased by 0.4 per cent. The prices of goods destined to the non-euro area and those destined to the euro area decreased by 0.4 per cent and 0.3 per cent, respectively.

 

 

 

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