Energy prices declined 1.1% on the month in October, but prices in the durable and capital goods sectors increased 0.3% and 0.1%, respectively.

In annual terms, average industrial prices fell 0.7% in October, on the back of lower prices in the intermediate and capital goods sectors, the data showed.

Intermediate goods decreased 3.3% on the year in October, while capital goods were by 2% less expensive. However, consumer goods prices rose 1.8% in October from the year-earlier month, while prices in the energy and durable goods sectors increased 1.5% and 1.2%, respectively.

International industry prices decreased 0.4% on the month in October, and were down 3.9% compared with the same period of 2012, INS data showed.