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Industrial Producer Prices up by 0.1% in Euro Area in August 2010
added: 2010-10-05

In August 2010 compared with July 2010, the industrial producer price index rose by 0.1% in the euro area (EA16) and remained stable in the EU27. In July 2010, prices increased by 0.2% in both zones.

In August 2010 compared with August 2009, industrial producer prices gained 3.6% in the euro area and 3.9% in the EU27.

These figures come from Eurostat, the statistical office of the European Union.

Monthly changes

In August 2010, compared with the previous month, prices in total industry excluding the energy sector increased by 0.2% in both the euro area and the EU27. In both zones, prices rose by 0.4% for intermediate goods, by 0.2% for non-durable consumer goods, and by 0.1% for durable consumer goods. Capital goods fell by 0.1% in the euro area and remained stable in the EU27. Prices in the energy sector decreased by 0.4% and 0.7% respectively.

Among Member States for which data are available, the highest increases in the total index were recorded in Estonia (+1.3%), Bulgaria (+0.7%), Belgium (+0.6%) and Ireland (+0.5%). Decreases were observed in the United Kingdom (-0.5%), the Czech Republic (-0.4%), the Netherlands (-0.3%) and Finland (-0.2%).

Annual changes

In August 2010 compared with August 2009, prices in total industry excluding the energy sector increased by 2.2% in the euro area and by 2.4% in the EU27. Prices in the energy sector gained 7.5% and 7.6% respectively. Intermediate goods rose by 4.7% in both zones. Durable consumer goods increased by 1.1% in the euro area and by 1.4% in the EU27. Capital goods gained 0.5% and 0.9% respectively. Non-durable consumer goods rose by 0.4% in the euro area and by 0.7% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in Malta (+14.3%), Hungary (+10.4%) and Bulgaria (+10.0%), and the smallest in the Czech Republic (+1.8%) and Ireland (+1.9%). The only decrease was observed in Slovakia (-0.4%).


Source: Eurostat

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