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Home News Europe Industrial Producer Prices up by 0.3% in Euro Area in May 2010


Industrial Producer Prices up by 0.3% in Euro Area in May 2010
added: 2010-07-05

In May 2010 compared with April 2010, the industrial producer price index rose by 0.3% in the euro area (EA16) and by 0.2% in the EU27. In April 2010, prices increased by 1.0% and 0.8% respectively.

In May 2010 compared with May 2009, industrial producer prices rose by 3.1% in the euro area and by 3.7% in the EU27.

Monthly changes

In May 2010, compared with the previous month, prices in total industry excluding the energy sector increased by 0.4% in the euro area and by 0.5% in the EU27. Intermediate goods gained 0.8% in both zones. Durable consumer goods increased by 0.2% in the euro area and by 0.3% in the EU27. Non-durable consumer goods rose by 0.1% in the euro area and by 0.3% in the EU27. Capital goods gained 0.1% and 0.2% respectively. Prices in the energy sector remained stable in the euro area, but fell by 0.3% in the EU27.

Among Member States for which data are available, the highest increases in the total index were recorded in Hungary (+3.4%), Cyprus (+2.0%), Lithuania (+1.3%) and Slovenia (+1.2%). The only decreases were observed in Greece (-0.6%), Sweden and the United Kingdom (both -0.5%).

Annual changes

In May 2010 compared with May 2009, prices in total industry excluding the energy sector increased by 1.7% in the euro area and by 1.8% in the EU27. Prices in the energy sector gained 7.0% in the euro area and 8.6% in the EU27. Intermediate goods increased by 3.9% and 3.8% respectively. Durable consumer goods rose by 0.7% in the euro area and by 1.0% in the EU27. Capital goods increased by 0.2% and 0.5% respectively. Non-durable consumer goods fell by 0.1% in the euro area, but rose by 0.2% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in Malta (+17.0%), Hungary (+9.1%), Greece (+7.3%) and Finland (+7.1%). The only decreases were observed in Slovakia (-3.1%) and Latvia (-1.2%).


Source: Eurostat

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