The average industrial producer price index for 2011, compared with 2010, increased by 5.9% in the euro area and by 6.7% in the EU27.
Monthly comparison
In December 2011, compared with the previous month, prices in total industry excluding the energy sector decreased by 0.1% in both the euro area and the EU27. Prices in the energy sector fell by 0.4% and 0.6% respectively. In both zones, intermediate goods decreased by 0.2%, while capital goods and durable consumer goods remained stable. Non-durable consumer goods remained stable in the euro area and increased by 0.1% in the EU27.
Among the Member States for which data are available, the largest decreases in the total index were recorded in Denmark (-1.2%), Sweden (-0.8%), the Netherlands and Finland (both -0.5%), and the highest increases in Romania (+0.5%), Ireland (+0.3%), Greece and Poland (both +0.2%).
Annual comparison
In December 2011 compared with December 2010, prices in total industry excluding the energy sector increased by 2.6% in the euro area and by 2.9% in the EU27. Prices in the energy sector gained 9.5% and 9.6% respectively. Non-durable consumer goods rose by 3.2% in the euro area and by 3.8% in the EU27. Intermediate goods increased by 2.8% and 3.1% respectively. Durable consumer goods gained 2.3% in both zones. Capital goods rose by 1.5% in the euro area and by 1.6% in the EU27.
Among the Member States for which data are available, the largest increases in the total index were observed in Lithuania (+9.5%), Latvia (+8.9%) and the United Kingdom (+8.2%), and the smallest in Malta (+0.7%), Denmark (+2.3%) and Slovakia (+2.5%). The only decrease was recorded in Sweden (-3.1%).
