The production prices of industrial products are slowing down. In May, in fact, the relative index elaborated by Istat marked a decrease of 0,1% compared to April and of 1,4% on an annual basis. The price trend of products sold on the domestic market was in line: -0,1% compared to April and -1,7% on a trend basis. Net of the energy sector, there was a decrease of 0,1% on the previous month and no trend variation.
As regards, however, goods sold on the foreign market, their prices remained stationary compared to the previous month (with a drop of 0,2% for the euro area and a positive change of 0,1% for the area non-euro), while they recorded a decrease of 0,6% on an annual basis (-0,7% for the euro area and -0,3% for the non-euro area).
As far as the domestic market is concerned, the energy sector weighs particularly heavily on the annual decline (-1,5 percentage points), while on the foreign market the largest contributions to the decrease derive from intermediate goods for the euro area (-0,6 percentage points ) and capital goods for the non-euro area (-0,2 percentage points).
