Prices of intermediary goods declined 0.7% on the month in October, capital goods were down 0.1%, while prices of consumer goods grew 0.2%, and durable goods grew 0.1%. Energy prices dropped 0.1% in October, following a 1.3% decline in September.
Compared with October 2014, industrial producer prices dropped 2.6%, the data showed.
Intermediary goods posted a 2.2% decline compared with October 2014, capital goods remained unchanged, durable goods grew 1.1%, and prices of consumer goods grew 1.6%. However, energy prices posted a 9.2% annual decline in October.