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Industrial Producer Prices Up By 0.9% In Euro Area
added: 2008-08-04

In June 2008 compared with May 2008, the industrial producer price index rose by 0.9% in the euro area (EA15) and by 1.2% in the EU27. In May, prices increased by 1.2% and 1.4% respectively.

In June 2008 compared with June 2007, industrial producer prices gained 8.0% in the euro area and 10.1% in the EU27.

Monthly changes

In June 2008, compared with the previous month, prices in total industry excluding the energy sector rose by 0.4% in both the euro area and the EU27. Prices in the energy sector increased by 2.7% and 3.3% respectively. Intermediate goods gained 0.5% in the euro area and 0.7% in the EU27. In both zones, non-durable consumer goods rose by 0.3%. Capital goods increased by 0.2% in the euro area and by 0.3% in the EU27. Durable consumer goods remained stable in both zones.

Among Member States for which data are available, the highest increases were registered in Denmark (+5.1%), Lithuania and Luxembourg (both +3.3%), and the lowest in Slovakia (+0.2%), Ireland (+0.3%) and Slovenia (+0.6%).

Annual changes

In June 2008, compared with June 2007, prices in total industry excluding the energy sector increased by 4.0% in the euro area and by 4.6% in the EU27. Prices in the energy sector rose by 21.4% and 27.0% respectively. Intermediate goods gained 4.8% in the euro area and 5.8% in the EU27. Non-durable consumer goods increased by 4.8% and 5.3% respectively. Durable consumer goods gained 2.3% in the euro area and 2.4% in the EU27.

Capital goods rose by 2.0% and 2.4% respectively. Among Member States for which data are available, the highest increases were observed in Denmark (+21.7%), the United Kingdom (+19.5%) and Lithuania (+19.4%), and the lowest in the Czech Republic (+5.4%), Ireland and Slovakia (both +6.4%).


Source: Eurostat

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