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Home News Europe Industrial Producer Prices up by 0.2% in Both Euro Area and EU28 - December 2013


Industrial Producer Prices up by 0.2% in Both Euro Area and EU28 - December 2013
added: 2014-02-11

In December 2013, compared with November 2013, industrial producer prices rose by 0.2% in both the euro area (EA17) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November prices fell by 0.1% in both zones.

In December 2013, compared with December 2012, industrial producer prices decreased by 0.8% in the euro area and by 0.6% in the EU28.

The average industrial producer prices for the year 2013, compared with 2012, dropped by 0.2% in the euro area and remained stable in the EU28.

Monthly comparison

In December 2013, compared with November 2013, prices in total industry excluding construction and the energy sector remained stable in both the euro area and the EU28. Prices in the energy sector increased by 0.5% and 0.7% respectively. Non-durable consumer goods rose by 0.1% in the euro area and remained stable in the EU28. In both zones, intermediate goods, capital goods and durable consumer goods all remained stable.

Among the Member States for which data are available, the highest increases were registered in Spain (+1.1%), the Czech Republic and Sweden (both +0.8%), and the largest decreases in Estonia (-1.7%), Latvia (-0.9%) and Lithuania (-0.6%).

Annual comparison

In December 2013, compared with December 2012, prices in total industry excluding construction and the energy sector fell by 0.3% in the euro area and by 0.1% in the EU28. Prices in the energy sector decreased by 2.0% and 1.5% respectively. Intermediate goods dropped by 1.7% in the euro area and by 1.5% in the EU28. In both zones, durable consumer goods increased by 0.6%. Capital goods gained 0.6% in the euro area and 0.7% in the EU28. Non-durable consumer goods rose by 0.9% and 1.0% respectively.

Among the Member States for which data are available, the largest decreases were observed in Cyprus (-5.2%), Belgium (-3.6%), Bulgaria (-2.8%), Croatia and the Netherlands (both -2.6%), and the highest increases in Estonia (+7.2%), the Czech Republic (+1.8%), Ireland (+1.4%) and Romania (+1.0%).


Source: Eurostat

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