The decline followed a downwardly revised 0.5% decrease November. Raw materials prices were down 3.1% in December, and were up 7.5% on the year.

INDUSTRIAL PRODUCT PRICES (pct change)

Month-on-month Year-on-year

Dec Nov(rev) Nov(prev) Dec Nov(rev) Nov(prev)

total -1.1 -0.5 -0.4 +7.6 +9.4 +9.7

ex energy/petrol +0.2 0.0 0.0 +4.9 +5.8 +6.0

RAW MATERIALS PRICE INDEX (pct change)

Month-on-month Year-on-year

Dec Nov(rev) Nov(prev) Dec Nov(rev) Nov(prev)

total -3.1 -0.8 -0.8 +7.5 +7.9 +8.0

ex crude energy +1.5 +0.2 +0.4 +0.6 -0.5 -0.4

NOTE: (Reporting by Dale Smith)