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5 NEWS 2.6.2022 Newly refurbished BVLGARI Monobrand Boutique inaugurated THE newly refurbished BVLGARI Boutique was inaugurated by Dr. Lyd- ia Abela in Republic Street, Valletta on Friday last week. The BVLGARI Monobrand boutique boasts a stunning architectural con- cept developed by the internationally known architect Peter Marino. BV- LGARI is synonymous with Rome, through its sunlight, marble and his- toric buildings. The boutique's design exemplifies genuine Roman design flair. Stepping into the Malta's BVLGARI boutique transports visitors to Rome momentarily, thanks to the warm tones that evoke the apricot golden skies of late afternoons in romantic Rome. The interior showcases a recreation of the original windows still pres- ent in Bulgari's iconic flagship in Via Condotti in Rome today, which are adorned with Imperial Saffron, shan- tung silk. The walls are finished in encausto, a traditional artisan Italian technique. The marble floor has a central mosaic of the distinctive red eight-pointed star in porphyry, which adds a classic elegance. The eight-pointed star represents the four compass points of North, South, East, and West. Legend has it that the Latin phrase "Roma Caput Mundi" means all roads lead to Rome. Italian design has always been char- acterised by the beauty of shape, the audacious combination of materials and colours and superb craftsman- ship. In a continuous tribute to Italian designers of the 30s, the 50s, and the 60s are the two free standing counters taking inspiration from Italian design- ers, Franco Albini in the walnut wood showcase and Carlo Scarpa in Marble showcase. Sterling Group opened the Bvlgari Boutique in June 2013. This was the first monobrand BVLGARI store on the island and specifically in Vallet- ta, Malta's Capital. The city built by gentlemen for gentlemen has a his- toric grandeur in its own right to re- flect and house the branded boutique dedicated to the iconic Italian fashion brand BVLGARI. The inauguration was followed by a reception on the upper part of 'Tea- tru Rjal' where the theatre was lit in saffron hues to create the BVLGARI ambience. Tuning into the Roman themed event, the tenor, Clive Zam- mit Stevens sang Classical Italian songs accompanied by a live band and also featured a violinist who played soft classical tunes. Industrial producer price indices: April 2022 DURING April 2022, the industrial producer price index registered an in- crease of5.75 per cent when compared to the corresponding month of the pre- vious year. When compared to April 2021, the industrial producer price index in- creased by 5.75 per cent. Price increas- es were registered in all the main in- dustrial groupings except energy. e highest increase was registered in the intermediate goods (9.08 per cent) fol- lowed by consumer goods (5.07 per cent) and capital goods (3.53 per cent). Industrial producer prices for the do- mestic market increased by 9.58 per cent. Price rises were recorded in the intermediate goods (22.34 per cent), capital goods (19.07 per cent) and con- sumer goods (9.17 per cent). Non-domestic prices increased by 3.30 per cent. Prices within the non-euro area rose by 4.34 per cent while those within the euro area in- creased by 1.38 per cent. Monthly comparison During April 2022, the industrial pro- ducer price index decreased by 0.99 per cent when compared to March 2022. Intermediate goods dropped by 3.07 per cent. On the other hand, increases of 0.98 per cent and 0.31 per cent were registered in the consumer goods and capital goods respectively. ere were no price changes in the energy sector. Domestic market prices increased by 0.80 per cent due to rises in consumer goods (1.77 per cent) and in intermedi- ate goods (0.97 per cent). Non-domestic prices decreased by 2.17 per cent. Non-euro area prices dropped by 2.81 per cent while euro area prices dropped by 0.92 per cent. During April 2022 industrial producer price index registered an increase of 5.7% when compared to the previous year

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