Annual manufacturing prices down in September
Monthly factory gate prices decreased by 0.5% in September 2009, according to official figures released today.
This compares to an increase of 0.9% recorded for September 2008, the Central Statistics Office said today.
This constitutes an annual decrease of 3.5% in September 2009, compared with an annual decrease of 2.1% in August 2009.
In the month, the price index for export sales decreased by 0.6% while the index for
home sales increased by 0.2%.
In the year, there was a decrease in the price index for export sales of 4.1% and a
decrease of 1.4% in respect of the price index for home sales.
The most significant changes in September were decreases in office machinery and computers (-1.7%), other food products including bread and confectionery (-1.0%), and basic chemicals (-0.7%), while there was an increase in Dairy products (+1.9%).
Contributing to the annual change were decreases in Basic metals (-38.2%), Basic chemicals (-10.2%), Meat and meat products (-8.5%), and Dairy products (-5.7%),
while there was an increase in Tobacco products (+12.0%).
The yearly price index for mining and quarrying decreased by 5.2% while there was a monthly decrease of 1.3%.
All building and construction material prices decreased by 5.5% in the year since September 2008.
The most notable yearly changes were decreases in reinforcing metal (-30.9%), and Structural steel (-20.1%).
Year-on-year, the price of capital goods decreased by 2%, while there was a monthly price increase of 0.1%.
The price of energy products decreased by 15.1% in the year since September 2008, while Petroleum fuels decreased by 18.3%.
There was a monthly decrease in energy products of 0.9% In September 2009, while Petroleum fuels decreased by 3.1%.
