News Releases

Industrial Producer Price Indices: February 2026

NR 051/2026
Release Date: 26 March 2026
Cut-off Date: 20 March 2026

In February 2026, the total industrial producer price index registered an increase of 1.0 per cent when compared to the corresponding month of 2025.
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Annual comparison

When compared to February 2025, the industrial producer price index increased by 1.0 per cent. The prices of capital goods and intermediate goods went up by 3.9 per cent and 2.0 per cent, respectively. On the other hand, a decline of 0.6 per cent was registered in consumer goods. No price change occurred in the energy sector.

Industrial producer prices for the domestic market went up by 0.9 per cent. Increases were recorded in intermediate goods (2.7 per cent), consumer goods (1.4 per cent) and capital goods (0.2 per cent).

Non-domestic prices increased by 1.0 per cent. The prices of goods destined for the euro area went up by 2.7 per cent, while those destined for the non-euro area decreased by 0.4 per cent (Table 2).  

Monthly comparison

In February 2026, the industrial producer price index went up by 0.6 per cent when compared to January 2026. Increases were registered in intermediate goods (1.7 per cent) and consumer goods (0.2 per cent). There were no price changes in the energy and capital goods sectors.

The domestic market price dropped by 0.1 per cent due to a decrease of 1.3 per cent in intermediate goods. On the contrary, consumer goods increased by 0.5 per cent.                                                             

Non-domestic prices increased by 1.4 per cent. The prices of goods destined for the non-euro area and euro area went up by 1.4 per cent and 1.3 per cent, respectively (Table 3).

Methodological Notes

1. The Industrial Producer Price Index (IPPI) monitors the changes in selling prices of all leading products within a sample of the largest businesses which account for over 80 per cent of the total industrial turnover.

2. The pricing point for the monthly price collection is the 15th day of the month or the nearest trading day prior to that date.

3. The methodologies and guidelines used are set by Eurostat and the International Monetary Fund (IMF).

4. Commission Implementing Regulation 2020/1197 specifies that it is the objective of the Industrial Producer Price Index to measure the development of transaction prices from the point of view of the producer. The observed producer price is the basic price that excludes VAT and adds subsidies on products received by the producer.

5. Euro area exports are transactions between Maltese enterprises and enterprises within the euro area. The euro area includes Austria, Belgium, Croatia (from 2023), Cyprus, Estonia (from 2011), Finland, France, Germany, Greece, Ireland, Italy, Latvia (from 2014), Lithuania (from 2015), Luxembourg, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. These are classified as ‘non-domestic euro-area’. The ‘non-domestic non-euro area’ covers transactions between Maltese enterprises and enterprises within the non-euro area. Examples include the USA and Sweden. The latter country is in the EU but does not use the euro currency. Transactions among local resident enterprises are considered ‘domestic’.

6. The objective of Main Industrial Groupings (MIGs) is to provide an activity breakdown of industry using the internationally recognised classification of economic activities (NACE Rev. 2 Sections B, C, D and E) in terms of demand-based products: intermediate goods, energy, capital goods, durable consumer goods, and non-durable consumer goods. These regroup NACE Sections B to E and cover the following economic activities: quarrying, manufacturing, electricity and water supply.

7. The figures in this news release are unadjusted, that is, there are no working-day or seasonal adjustments. Indices are calculated using a Laspeyres-type index (2021=100). The data contained in this release is subject to revision. For an updated time-series which includes past data, please refer to the Selected Indicators for this domain.

8. Weighting structure by Main Industrial Groupings.

Main Industrial Groupings (MIGs) Weight (%)
Intermediate goods 32%
Energy 21%
Capital goods 17%
Consumer goods 30%
- Durable consumer goods 2%
- Non-durable consumer goods 28%

9. The calculation of the percentage changes from the indices table may slightly differ from the published percentage changes due to rounding.

10. More information relating to this news release may be accessed at:

Sources and Methods
Statistical Concepts
Classifications

11. A detailed news release calendar is available online.

12. References to this news release are to be cited appropriately. For guidance on access and re-use of data please visit our dedicated webpage.

13. For further assistance send your request through our online request form.

Industrial Producer Price Indices: February 2026

NR 051/2026
Release Date: 26 March 2026
Cut-off Date: 20 March 2026

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  • In February 2026, the total industrial producer price index increased by 1.0 per cent when compared to February 2025.
  • The most notable annual price change was an increase of 3.9 per cent in capital goods.
  • The annual prices for the domestic and non-domestic markets went up by 0.9 per cent and 1.0 per cent, respectively.
  • When compared to January 2026, the total industrial producer price index went up by 0.6 per cent, with the highest increase occurring in intermediate goods (1.7 per cent).

Industrial Producer Price Indices: February 2026

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