In September, compared with August, industrial producer prices rose by 0.2 percent in the euro area (EA18) and rose by 0.1 percent in the EU22, according to estimates from Eurostat, the statistical office of the European Union. In August prices decreased by 0.2 percent in both zones.
This September, compared with September 2013, industrial producer prices decreased by 1.4 percent in the euro area and by 1.6 percent in the EU28.
Monthly comparison
The 0.2 percent increase in industrial producer prices in total industry in the euro area in September 2014, compared with August 2014, is due to rises of 1 percent in the energy sector and of 0.1 percent for both capital goods and durable consumer goods, while prices fell by 0.1 percent for intermediate goods and by 0.3 percent for non-durable consumer goods.
Prices in total industry excluding energy decreased by 0.1 percent. In the EU28, the 0.1 percent increase is due to rises of 0.6 percent in the energy sector and of 0.1 percent for durable consumer goods, while prices remained stable for capital goods, and decreased by 0.1 percent for intermediate goods and by 0.3 percent for non-durable consumer goods. Prices in total industry excluding energy fell by 0.1 percent.
The largest increases in industrial producer prices were observed in Estonia (+1.1 percent), Denmark, Spain, France and the Netherlands (all +0.5 percent), and the highest decreases in the United Kingdom (-0.4 percent), the Czech Republic (-0.3 percent), Lithuania, Poland and Portugal (all -0.2 percent).
Annual comparison
The 1.4 percent decrease in industrial producer prices in total industry in the euro area in September 2014, compared with September 2013, is due to falls of 4.3 percent in the energy sector and of 0.5 percent for both intermediate goods and nondurable consumer goods, while prices rose by 0.5 percent for capital goods and by 1 percent for durable consumer goods.
Prices in total industry excluding energy fell by 0.2 percent. In the EU28, the 1.6 percent decrease is due to falls of 5.4 percent in the energy sector, of 0.6 percent for non-durable consumer goods and of 0.4 percent for intermediate goods, while prices rose by 0.6 percent for capital goods and by 0.8 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.1 percent.
The largest decreases in industrial producer prices were observed in Lithuania (-5.6 percent), Belgium and Slovakia (both -3.9 percent). The only increases were recorded in Romania (+0.4 percent), Latvia (+0.2 percent) and Greece (+0.1 percent).
