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Home News Europe Industrial Producer Prices Down by 0.2% in Both Euro Area and EU27 - March 2013


Industrial Producer Prices Down by 0.2% in Both Euro Area and EU27 - March 2013
added: 2013-05-13

In March 2013, compared with February 2013, the industrial producer price index fell by 0.2% in both the euro area (EA17) and the EU27, according to estimates from Eurostat, the statistical office of the European Union. In February prices rose by 0.2% and 0.4% respectively. In March 2013 compared with March 2012, industrial producer prices gained 0.7% in both the euro area and the EU27.

Monthly comparison

In March 2013, compared with the previous month, prices in total industry excluding the energy sector remained stable in both the euro area and the EU27. Prices in the energy sector fell by 0.6% in both zones. Intermediate goods decreased by 0.1% in the euro area and remained stable in the EU27. Durable consumer goods rose by 0.1% in the euro area, but fell by 0.1% in the EU27. In both zones, capital goods remained stable and non-durable consumer goods rose by 0.1%.

Among the Member States for which data are available, the largest decreases in the total index were observed in Bulgaria and Greece (both -1.1%), Spain (-1.0%) and Lithuania (-0.6%), and the highest increases in Estonia (+1.9%), Ireland (+1.3%), Slovenia and Finland (both +0.3%).

Annual comparison

In March 2013, compared with March 2012, prices in total industry excluding the energy sector increased by 1.0% in the euro area and by 1.1% in the EU27. Non-durable consumer goods rose by 2.1% and 2.3% respectively. Capital goods increased by 0.7% in the euro area and by 0.8% in the EU27. In both zones, durable consumer goods gained 0.6% and intermediate goods 0.4%. Prices in the energy sector remained stable in the euro area, but fell by 0.5% in the EU27.

Among the Member States for which data are available, the largest increases in the total index were observed in Estonia (+11.3%), Belgium (+3.7%), Ireland (+2.6%) and France (+1.9%). Decreases were recorded in Sweden (-1.4%), Greece (-1.3%), Austria (-0.8%), Poland (-0.5%) and the Netherlands (-0.4%).


Source: Eurostat

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