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BUSINESS TODAY 22 December 2022

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2 NEWS 8.12.2022 DURING November 2022, the in- dustrial producer price index reg- istered an increase of 5.72 per cent when compared to the corresponding month of the previous year. When compared to November 2021, the industrial producer price index increased by 5.72 per cent. Price in- creases were registered in all the main industrial groupings except energy. The highest increase was registered in the consumer goods (9.06 per cent) followed by intermediate goods (6.87 per cent) and capital goods (1.20 per cent). Industrial producer prices for the domestic market increased by 7.74 per cent. Price rises were recorded in the intermediate goods (15.82 per cent), consumer goods (12.26 per cent) and capital goods (2.08 per cent). Non-domestic prices increased by 4.46 per cent. The prices of goods destined to the non-euro area rose by 5.84 per cent while those destined to the euro area increased by 1.80 per cent. Monthly comparison During November 2022, the indus- trial producer price index increased by 0.66 per cent when compared to October 2022. Intermediate goods, capital goods and consumer goods went up by 1.48 per cent, 0.10 per cent and 0.04 per cent, respectively. There were no price changes in the energy sector. Domestic market prices increased by 0.16 per cent due to an increase of 0.52 per cent in the intermediate goods and a rise of 0.09 per cent in the consumer goods. Non-domestic prices increased by 0.98 per cent. The prices of goods destined to the non-euro area rose by 1.17 per cent, while those destined to the euro area increased by 0.61 per cent. Industrial producer price index (2015=100) for total industry Industrial producer price index up 5.72 per cent in November 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 During November 2022, the industrial producer price index increased by 0.66 per cent when compared to October 2022. Intermediate goods, capital goods and consumer goods went up by 1.48 per cent, 0.10 per cent and 0.04 per cent, respectively. There were no price changes in the energy sector. Domestic market prices increased by 0.16 per cent due to an increase of 0.52 per cent in the intermediate goods and a rise of 0.09 per cent in the consumer goods. Non-domestic prices increased by 0.98 per cent. The prices of goods destined to the non-euro area rose by 1.17 per cent, while those destined to the euro area increased by 0.61 per cent (Table 3) https://twitter.com/NSOMALTA/ https://www.facebook.com/nsomalta/ Compiled by: Short-term Business 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 100 102 104 106 108 110 112 114 116 118 120 122 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 2020 2021 2022 index period 0 LOW-WAGE earners in atypical jobs that include the catering, retail and hospitality industries, will be receiving a cheque of €150 over the coming days. e measure was announced last year and targets workers with a basic pay of not more than €20,000 per year em- ployed in jobs with atypical working hours. e targeted sectors are: hotels and restaurants, administrative support ser- vices, manufacturing, wholesale, retail, and transport. Finance Minister Clyde Caruana said on Wednesday that 25,000 workers will be receiving the cheque over the coming days for a total expense of €4 million. e measure applies to full-time workers and those whose part-time job in the identified sectors is their only in- come. Workers would have had to be employed with the same employer for at least six months. Caruana said the measure was intend- ed to incentivise employees in these crucial sectors, which have faced prob- lems in recruiting people because of the atypical hours. e benefit will be paid every year with Caruana not excluding it could in- crease over the years. Retail workers are one of several work categories who will be receiving a new benefit targeting low-earners 25,000 low-wage workers to receive €150 cheque

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