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4 MARKET NEWS 3.2.2022 IN August 2021, registered full-time employment in- creased by 3.6 per cent while part-time employment as a primary job increased by 6.4 per cent when compared to the corresponding month in 2020. Administrative data provid- ed by Jobsplus show that, over a period of one year, the labour supply (excluding part-timers) in August 2021 increased by 2.6 per cent, reaching 242,154. is was mainly attributed to a year-on-year increase in the full-time registered employ- ment (8,399) and a decrease in registered unemployment (2,230). Registered full-time employment When August 2021 is com- pared to August 2020, the highest increase in employ- ment was brought about by arts, entertainment and rec- reation (NACE 90-93) and construction (NACE 41-43), with 1,176 and 1,169 persons respectively. Registered full- time employment in the pri- vate sector went up by 6,996 persons to 189,518. Public sector full-time employment increased by 1,403 persons to 51,194. e number of persons reg- istered as full-time self-em- ployed rose by 1,171 when compared to August 2020, while the number of persons registered as employees in- creased by 7,228. Full-time employment for males and fe- males went up by 3.0 per cent and 4.5 per cent respectively over 2020 levels. Registered part-time employment Registered part-time em- ployment in August 2021 in- creased by 10.1 per cent when compared to the same month in 2020. Professional, scien- tific and technical activities (NACE 69-75) followed by accommodation and food ser- vices activities (NACE 55-56) recorded the highest increas- es in part-time employment with 929 and 687 persons re- spectively. e number of part-timers who also held a full-time job amounted to 35,650, up by 13.9 per cent when compared to the corresponding month in 2020. Employed persons whose part-time job was their primary occupation totalled 34,897, up by 6.4 per cent when compared to the same month in 2020. DURING December 2021, the industrial producer price index registered an increase of 7.15 per cent when com- pared to the corresponding month of the previous year. Annual comparison When compared to Decem- ber 2020, the industrial pro- ducer price index increased by 7.15 per cent. The highest increase was registered in the intermediate goods (11.16 per cent) followed by con- sumer goods (5.89 per cent) and capital goods (5.59 per cent). There were no price changes in the energy sector. Industrial producer pric- es for the domestic market increased by 4.12 per cent. Price rises were recorded in capital goods (16.43 per cent), intermediate goods (8.51 per cent) and consumer goods (2.76 per cent). Non-domestic prices in- creased by 9.10 per cent. Pric- es within the non-euro area rose by 9.23 per cent while those within the euro area in- creased by 8.85 per cent. Monthly comparison During December 2021, the industrial producer price index increased by 1.19 per cent when compared to No- vember 2021. Intermediate goods rose by 2.15 per cent, consumer goods by 0.89 per cent and capital goods by 0.12 per cent. There were no price chang- es in the energy sector. Domestic market prices in- creased by 0.33 per cent due to rises in consumer goods by 0.96 per cent and in capital goods by 0.35 per cent. Non-domestic market pric- es increased by 1.72 per cent. An increase of 2.26 per cent and 0.70 per cent were re- corded in the non-euro area and euro area respectively. EURO area annual inflation is expected to be 5.1% in January 2022, up from 5.0% in December according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in January (28.6%, com- pared with 25.9% in December), followed by food, alcohol & tobacco (3.6%, compared with 3.2% in December), services (2.4%, sta- ble compared with December) and non-en- ergy industrial goods (2.3%, compared with 2.9% in December). Euro area annual inflation up to 5.1% estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in January (28.6%, compared with 25.9% in December), followed by food, alcohol & tobacco (3.6%, compared with 3.2% in December), services (2.4%, stable compared with December) and non-energy industrial goods (2.3%, compared with 2.9% in December). Euro area annual inflation and its components, % e estimate p provisional All-items HICP Food, alcohol & tobacco Energy Non-energy industrial goods Services 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Euro area annual inflation, January 2022, % Weights (‰) Monthly rate 2022 Jan 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Jan 22 All-items HICP 1000.0 0.9 3.0 3.4 4.1 4.9 5.0 5.1e 0.3e All-items excluding: > energy 890.7ep 1.5 1.7 1.9 2.0 2.5 2.8 2.6e -0.4e > energy, unprocessed food 841.0ep 1.4 1.6 1.9 2.1 2.6 2.7 2.5e -0.5e > energy, food, alcohol & tobacco 681.5ep 1.4 1.6 1.9 2.0 2.6 2.6 2.3e -0.8e Food, alcohol & tobacco 209.3ep 1.5 2.0 2.0 1.9 2.2 3.2 3.6e 1.1e > processed food, alcohol & tobacco 159.6ep 1.3 1.7 1.9 2.1 2.3 2.8 3.1e 0.9e > unprocessed food 49.7ep 2.0 3.0 2.6 1.4 1.9 4.7 5.2e 1.7e Energy 109.3ep -4.2 15.4 17.6 23.7 27.5 25.9 28.6e 6.0e Non-energy industrial goods 264.6ep 1.5 2.6 2.1 2.0 2.4 2.9 2.3e -2.0e Services 416.9ep 1.4 1.1 1.7 2.1 2.7 2.4 2.4e 0.0e Annual rate Euro area annual inflation is expected to be 5.1% in January 2022, up from 5.0% in December according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in January (28.6%, compared with 25.9% in December), followed by food, alcohol & tobacco (3.6%, compared with 3.2% in December), services (2.4%, stable compared with December) and non-energy industrial goods (2.3%, compared with 2.9% in December). Euro area annual inflation and its components, % e estimate p provisional All-items HICP Food, alcohol & tobacco Energy Non-energy industrial goods Services 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Euro area annual inflation, January 2022, % Weights (‰) Monthly rate 2022 Jan 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Jan 22 All-items HICP 1000.0 0.9 3.0 3.4 4.1 4.9 5.0 5.1e 0.3e All-items excluding: > energy 890.7ep 1.5 1.7 1.9 2.0 2.5 2.8 2.6e -0.4e > energy, unprocessed food 841.0ep 1.4 1.6 1.9 2.1 2.6 2.7 2.5e -0.5e > energy, food, alcohol & tobacco 681.5ep 1.4 1.6 1.9 2.0 2.6 2.6 2.3e -0.8e Food, alcohol & tobacco 209.3ep 1.5 2.0 2.0 1.9 2.2 3.2 3.6e 1.1e > processed food, alcohol & tobacco 159.6ep 1.3 1.7 1.9 2.1 2.3 2.8 3.1e 0.9e > unprocessed food 49.7ep 2.0 3.0 2.6 1.4 1.9 4.7 5.2e 1.7e Energy 109.3ep -4.2 15.4 17.6 23.7 27.5 25.9 28.6e 6.0e Non-energy industrial goods 264.6ep 1.5 2.6 2.1 2.0 2.4 2.9 2.3e -2.0e Services 416.9ep 1.4 1.1 1.7 2.1 2.7 2.4 2.4e 0.0e Annual rate Industrial producer price index rose by 7.15% in December 2021 Full-time employment up by 6.4% in August 2021 1 Kindly indicate source when quoting from this release. The advance release calendar may be consulted at www.nso.gov.mt Issued by: Dissemination Unit, National Statistics Office, Lascaris, Valletta VLT 2000, Malta. T. +356 2599 7219 F. +356 2599 7205 E. nso@gov.mt 31 January 2022 | 1100 hrs | 014/2022 During December 2021, the industrial producer price index registered an increase of 7.15 per cent when compared to the corresponding month of the previous year. Industrial Producer Price Indices: December 2021 Annual comparison When compared to December 2020, the industrial producer price index increased by 7.15 per cent. The highest increase was registered in the intermediate goods (11.16 per cent) followed by consumer goods (5.89 per cent) and capital goods (5.59 per cent). There were no price changes in the energy sector. Industrial producer prices for the domestic market increased by 4.12 per cent. Price rises were recorded in capital goods (16.43 per cent), intermediate goods (8.51 per cent) and consumer goods (2.76 per cent). Non-domestic prices increased by 9.10 per cent. Prices within the non-euro area rose by 9.23 per cent while those within the euro area increased by 8.85 per cent (Table 2). Monthly comparison During December 2021, the industrial producer price index increased by 1.19 per cent when compared to November 2021. Intermediate goods rose by 2.15 per cent, consumer goods by 0.89 per cent and capital goods by 0.12 per cent. There were no price changes in the energy sector. Domestic market prices increased by 0.33 per cent due to rises in consumer goods by 0.96 per cent and in capital goods by 0.35 per cent. Non-domestic market prices increased by 1.72 per cent. An increase of 2.26 per cent and 0.70 per cent were recorded in the non-euro area and euro area respectively (Table 3) Cut-off date: 26 January 2022 https://twitter.com/NSOMALTA/ https://www.facebook.com/nsomalta/ Compiled by: Short-term Statistics Unit Contact us: National Statistics Office, Lascaris, Valletta VLT 2000 T. +356 25997219, E. nso@gov.mt Chart 1. Industrial producer price index (2015=100) for total industry 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 2018 2019 2020 2021 index period 0 Statistics in this News Release should be interpreted in the context of the COVID-19 situation.