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Industrial Producer Prices in Euro Area in EU27 in December 2007
added: 2008-02-04

In December 2007 compared with November 2007, the industrial producer price index rose by 0.1% in the euro area (EA13) and by 0.2% in the EU272. In November prices increased by 0.9% and 1.2% respectively.

In December 2007 compared with December 2006, industrial producer prices gained 4.3% in the euro area and 4.5% in the EU27.

Monthly changes

In December 2007, compared with the previous month, prices in total industry excluding the energy sector gained 0.1% in both the euro area and the EU27. Prices in the energy sector increased by 0.1% and 0.5% respectively. In both zones, non-durable consumer goods rose by 0.4%, capital goods and durable consumer goods by 0.1% each, while intermediate goods fell by 0.1%.

Among Member States for which data are available, the highest increases were registered in Romania (+1.6%), Ireland (+1.0%) and Belgium (+0.9%). The largest decreases were recorded in Bulgaria (-1.1%) and Finland(-0.5%), while prices remained unchanged in the Netherlands and Slovakia.

Annual changes

In December 2007, compared with December 2006, prices in total industry excluding the energy sector increased by 3.1% in the euro area and by 3.3% in the EU27. Prices in the energy sector rose by 8.3% and 8.1% respectively. Non-durable consumer goods gained 4.2% in the euro area and 4.4% in the EU27. Intermediate goods increased by 3.4% and 3.8% respectively. In both zones, durable consumer goods gained 1.9%. Capital goods rose by 1.5% in the euro area and by 1.6% in the EU27.

Among Member States for which data are available, the highest increases were observed in Lithuania (+15.6%), Bulgaria (+11.3%) and Denmark (+11.0%), and the lowest in Finland (+1.7%), Germany (+2.5%) and Slovakia (+2.9%).


Source: European Commission

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