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


Industrial Producer Prices up by 0.3% in Euro Area in November 2010
added: 2011-01-06

In November 2010 compared with October 2010, the industrial producer price index rose by 0.3% in the euro area (EA16) and by 0.5% in the EU27. In October 2010, prices increased by 0.4% and 0.5% respectively.

In November 2010 compared with November 2009, industrial producer prices gained 4.5% in the euro area and 4.8% in the EU27.

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

Monthly changes

In November 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 0.9% and 1.3% respectively. Both intermediate goods and non-durable consumer goods increased by 0.2% in the euro area and by 0.3% in the EU27. Durable consumer goods gained 0.2% and 0.1% respectively. Capital goods fell by 0.1% in both zones.

Among the Member States for which data are available, the highest increases in the total index were recorded in Ireland and Greece (both +1.3%), Bulgaria, Hungary and the United Kingdom (all +1.1%). The only decrease was observed in Cyprus (-0.7%), while prices remained stable in Malta, Slovenia and Slovakia.

Annual changes

In November 2010 compared with November 2009, prices in total industry excluding the energy sector increased by 3.0% in the euro area and by 3.2% in the EU27. Prices in the energy sector gained 8.8% and 8.9% respectively. In both zones, intermediate goods rose by 5.8%. Non-durable consumer goods increased by 1.5% in the euro area and by 1.7% in the EU27. Durable consumer goods rose by 1.4% and 1.5% respectively. Capital goods gained 0.8% in the euro area and 1.0% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in Malta (+14.8%), Bulgaria (+11.1%) and Hungary (+10.7%), and the smallest in the Czech Republic (+2.7%) and Ireland (+3.0%). The only decrease was observed in Slovakia (-1.1%).


Source: Eurostat

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