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Home News Europe Industrial Producer Prices up by 0.1% in Euroarea in August 2007


Industrial Producer Prices up by 0.1% in Euroarea in August 2007
added: 2007-10-02

In August 2007 compared with July 2007, the industrial producer price index rose by 0.1% in the euro area (EA13), while EU27 prices remained unchanged. In July, prices increased by 0.3% in both the euro area and the EU27.

In August 2007 compared with August 2006, industrial producer prices gained 1.7% in the euro area and 1.5% in the EU27.

Monthly changes

In August 2007, compared with the previous month, prices in total industry excluding the energy sector rose by 0.2% in both the euro area and the EU27. Prices in the energy sector fell by 0.7% in both zones. Non-durable consumer goods increased by 0.5% in the euro area and by 0.4% in the EU27. Intermediate goods gained 0.1% and 0.2% respectively. Capital goods and durable consumer goods both remained unchanged in the euro area and increased by 0.1% in the EU27.

Among Member States for which data are available, the highest increases were registered in Bulgaria (+1.5%), Luxembourg (+1.4%) and Ireland (+0.7%). The largest decreases were recorded in the Netherlands (-0.8%), Finland and the United Kingdom (both -0.6%). Prices remained unchanged in Sweden.

Annual changes

In August 2007, compared with August 2006, prices in total industry excluding the energy sector increased by 2.9% in the euro area and by 3.1% in the EU27. Prices in the energy sector fell by 2.2% and 3.0% respectively. Intermediate goods gained 4.3% in the euro area and 4.5% in the EU27. Non-durable consumer goods increased by 2.3% and 2.5% respectively. Durable consumer goods rose by 1.7% in the euro area and by 1.8% in the EU27. Capital goods gained 1.6% in both zones.

Among Member States for which data are available, the highest increases were observed in Bulgaria (+9.0%), Luxembourg (+6.9%) and Lithuania (+6.7%). The only decreases were registered in Denmark (-4.7%) and the United Kingdom (-0.1%).


Source: European Commission

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