Industrial producer prices up by 0.9% in 2019

In contrast to downward trends in the euro area as well as the EU, industrial producer prices increased by 0.9% in Malta last year, Eurostat figures show.

Industrial producer prices fell by 0.7% overall in the euro area and by 0.4% in the 27 countries presently forming part of the EU. However, if one includes the UK – which left the bloc last week – prices remained stable.

The highest increases were recorded in Greece (4.7%), Bulgaria (4.5%) and Romania (4.4%), while the largest decreases were registered in Italy (3.1%), Estonia and Portugal (both 2.6%).

In the EU, prices fell by 3.1% in the energy sector and by 1% for intermediate goods, while prices rose by 1.4% for both capital goods and durable consumer goods and by 2.3% for non-durable consumer goods. In the euro area, prices decreased by 4% in the energy sector and 1.1% for intermediate goods, while prices rose by 1.3% for durable consumer goods, 1.5% for capital goods and by 2.1% for non-durable consumer goods.