Intermediate goods prices declined 0.4% on the month in February, while energy prices were down 0.3%. Prices of durable and capital goods each fell 0.1% month-on-month, but consumer goods prices advanced 0.1%.

In annual terms, average industrial prices fell 1.2% in February, on the back of lower prices in the energy and intermediate capital goods sectors, the data showed.

Energy prices decreased 3.1% on the year in February, while intermediate goods were 2% less expensive. Prices of capital goods edged down 0.4% from the year-earlier month, but prices in the durable and goods consumer sectors increased 1.8% and 1.5%, respectively.

International industry prices declined 0.3% on the month in February, and were down 1.6% compared with the same period of 2013, INS data showed.

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