Wednesday, Malta's National Statistical Office announced that the industrial producer prices dropped 2.2% year-over-year in January, compared to the 0.9% decline in the previous month.

In the domestic market, producer prices fell 3.6% month-on-month in January, after remaining unchanged in the previous month. Producer prices for intermediate goods declined 3.9% in January.

At the same time, export prices dropped 5.3%, following a 1.3% fall in December. Export prices of intermediate goods to the Eurozone countries dropped 6.7%, but it was up 1.7% to the non-Eurozone countries.

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