Industrial Producer Price Indices: February 2025
Annual comparison
When compared to February 2024, the industrial producer price index dropped by 0.5 per cent. The price of the intermediate goods went down by 3.5 per cent. On the other hand, both the capital goods and the consumer goods increased by 1.4 per cent. No price change occurred in the energy sector.
Industrial producer prices for the domestic market went up by 0.8 per cent. A price increase of 2.8 per cent was registered in the consumer goods. Moreover, an increase in price of 0.4 per cent was also recorded in both the intermediate goods and the capital goods.
Non-domestic prices declined by 1.7 per cent. The prices of goods destined to the non-euro area dropped by 2.7 per cent, while those destined to the euro area decreased by 0.4 per cent (Table 2).
Monthly comparison
During February 2025, the industrial producer price index went down by 0.1 per cent when compared to January 2025. A decrease of 1.1 per cent was recorded in the intermediate goods. On the contrary, increases were registered in the consumer goods (0.6 per cent) and in the capital goods (0.4 per cent). There was no price change in the energy sector.
The domestic market price went up by 0.4 per cent due to increases of 1.6 per cent in the consumer goods and 0.1 per cent in the intermediate goods. No price changes were registered in the energy and capital goods sectors.
Non-domestic prices decreased by 0.6 per cent. The prices of goods destined to the euro area and the prices of goods destined to the non-euro area declined by 0.7 per cent and 0.5 per cent, respectively (Table 3).
Chart 1. Industrial producer price index
(2021=100) for total industry
No Data Found
Tables
Tables
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 Statistical 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 2025
- In February 2025, the Industrial Producer Price Index decreased by 0.5 per cent when compared to February 2024.
- The most notable annual price change was a decline of 3.5 per cent in the intermediate goods index.
- Prices for the domestic market increased by 0.8 per cent, while the non-domestic prices dropped by 1.7 per cent.
- The Industrial Producer Price Index went down by 0.1 per cent, with the highest decrease occurring in the intermediate goods sector (1.1 per cent), when compared to January 2025.
