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Malta Producer Prices Continue To Fall

(RTTNews.com) - Malta's producer prices fell 3.9 percent year-on-year in December after easing 4.3 percent in November, the National Statistics Office said Friday.

Producer prices for intermediate goods dropped 7.8 per cent. Conversely, prices for energy went up 0.2 percent and that of capital and consumer goods climbed 0.1 percent and 1.5 percent, respectively. Month-on-month, producer prices climbed 3 percent.

Producer prices within the domestic market rose 0.7 percent annually. This was due to price increases for intermediate goods, energy, capital and consumer goods.

At the same time, producer prices for goods destined for the non-domestic market decreased 6.9 percent on account of a drop in prices in the euro area. This was partly mitigated by an increase of 2.8 percent in prices for goods destined for the non-euro area.

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