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Industrial Producer Prices up by 0.6% in Both Euro Area and EU27
added: 2013-03-04

In January 2013, compared with December 2012, the industrial producer price index rose by 0.6% in both the euro area (EA17) and the EU27, according to estimates from Eurostat, the statistical office of the European Union. In December 20123 prices fell by 0.2% in both zones.

In January 2013 compared with January 2012, industrial producer prices gained 1.9% in the euro area and 1.8% in the EU27.

Monthly comparison

In January 2013, compared with the previous month, prices in total industry excluding the energy sector increased by 0.2% in both the euro area and the EU27. Prices in the energy sector gained 1.6% and 1.5% respectively. In both zones, durable consumer goods rose by 0.3%, capital goods and non-durable consumer goods by 0.2% and
intermediate goods by 0.1%.

Among the Member States for which data are available, the highest increases in the total index were observed in Estonia (+8.0%), Romania (+1.9%), Lithuania (+1.3%), the Czech Republic and Spain (both +1.1%). Decreases were recorded in Bulgaria (-0.8%), the Netherlands (-0.5%), Ireland and Cyprus (both -0.3%) and Hungary (-0.2%).

Annual comparison

In January 2013, compared with January 2012, prices in total industry excluding the energy sector increased by 1.4% in both the euro area and the EU27. Prices in the energy sector rose by 2.8% and 2.1% respectively. Nondurable consumer goods gained 2.4% in the euro area and 2.5% in the EU27. Intermediate goods rose by 1.3% in the euro area and by 1.2% in the EU27. Durable consumer goods gained 0.9% and 0.8% respectively. In both zones, capital goods increased by 0.7%.

Among the Member States for which data are available, the largest increases in the total index were observed in Estonia (+10.0%), Romania (+6.6%), Belgium (+5.4%) and Denmark (+4.9%). Decreases were recorded in Sweden (-0.9%), Hungary (-0.3%) and Greece (-0.1%).


Source: Eurostat

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