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Industrial Producer Prices up by 0.3% in Euro Area
added: 2010-08-03

In June 2010 compared with May 2010, the industrial producer price index rose by 0.3% in the euro area (EA16) and by 0.2% in the EU272. In May 2010, prices increased by 0.3% in both zones.

In June 2010 compared with June 2009, industrial producer prices gained 3.0% in the euro area and 3.5% in the EU27.

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

Monthly changes

In June 2010, compared with the previous month, prices in total industry excluding the energy sector increased by 0.1% in the euro area and by 0.2% in the EU27. Prices in the energy sector rose by 0.6% and 0.1% respectively. Durable consumer goods gained 0.2% in the euro area and 0.4% in the EU27. Both intermediate goods and non-durable consumer goods increased by 0.2% in the euro area and by 0.3% in the EU27. Capital goods remained stable in the euro area and rose by 0.1% in the EU27.

Among Member States for which data are available, the highest increases in the total index were recorded in Latvia (+1.9%), Greece and Hungary (both +0.9%). Decreases were observed in Ireland (-1.1%), Denmark (-0.6%), the United Kingdom (-0.5%), Malta and Portugal (both -0.1%).

Annual changes

In June 2010 compared with June 2009, prices in total industry excluding the energy sector increased by 1.9% in the euro area and by 2.1% in the EU27. Prices in the energy sector gained 6.0% and 7.0% respectively. Intermediate goods rose by 4.3% in both zones. Durable consumer goods increased by 0.8% in the euro area and by 1.2% in the EU27. Capital goods gained 0.3% and 0.6% respectively. Non-durable consumer goods rose by 0.1% in the euro area and 0.3% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in Malta (+16.9%), Hungary (+9.1%), Finland (+6.5%) and Greece (+6.1%), and the smallest in Ireland (+0.9%) and Germany (+1.5%). The only decrease was observed in Slovakia (-1.9%).


Source: Eurostat

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