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Industrial Producer Prices up by 0.1% in both Euro Area and EU27 in June
added: 2007-08-02

In June 2007 compared with May 2007, the industrial producer price index rose by 0.1% in the euro area (EA13). In June, EU27 prices also gained 0.1%. In May prices increased by 0.3% in both zones. In June 2007 compared with June 2006, industrial producer prices gained 2.3% in the euro area and 2.2% in the EU27.



Monthly changes

In June 2007, compared with the previous month, prices in total industry excluding the energy sector rose by 0.1% in both the euro area and the EU27. In both zones, prices in the energy sector increased by 0.1%. In both zones also, non-durable consumer goods gained 0.2% and intermediate goods 0.1%, while capital goods and durable consumer goods remained unchanged.

Among Member States for which data are available, the highest increases were registered in Denmark (+2.3%), Bulgaria (+1.3%) and Luxembourg (+1.1%). The only decreases were recorded in Lithuania (-0.6%), the Netherlands (-0.3%) and the United Kingdom (-0.2%).

Annual changes

In June 2007, compared with June 2006, prices in total industry excluding the energy sector increased by 3.1% in the euro area and by 3.2% in the EU27. Prices in the energy sector fell by 0.5% and 0.9% respectively. Intermediate goods gained 5.1% in the euro area and 5.2% in the EU27. In both zones, capital goods and durable consumer goods rose by 1.9%. Non-durable consumer goods increased by 1.6% in the euro area and by 1.9% in the EU27.

Among Member States for which data are available, the highest increases were observed in Luxembourg (+8.9%), Lithuania (+7.8%) and Hungary (+7.2%). The only decrease was registered in Denmark (-0.6%).


Source: European Commission

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