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Home News Europe Industrial Producer Prices up by 1.5% in Euro Area in January 2011


Industrial Producer Prices up by 1.5% in Euro Area in January 2011
added: 2011-03-03

In January 2011 compared with December 2010, the industrial producer price index rose by 1.5% in the euro area (EA17) and by 1.4% in the EU27. In December 2010, prices increased by 0.8% and 1.2% respectively.

In January 2011 compared with January 2010, industrial producer prices gained 6.1% in the euro area and 6.5% in the EU27.

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

Monthly changes

In January 2011, compared with the previous month, prices in total industry excluding the energy sector increased by 0.8% in both the euro area and the EU27. Prices in the energy sector rose by 3.2% and 2.5% respectively. Intermediate goods increased by 1.5% in the euro area and by 1.4% in the EU27. Non-durable consumer goods gained 0.4% and 0.5% respectively. Durable consumer goods rose by 0.2% in the euro area and by 0.4% in the EU27. In both zones, capital goods increased by 0.2%.

Among the Member States for which data are available, the highest increases in the total index were recorded in Spain (+2.4%), the Netherlands (+2.1%), Belgium and Portugal (both +1.9%). Decreases were observed in Sweden (-1.3%), Denmark (-0.5%) and Cyprus (-0.1%).

Annual changes

In January 2011 compared with January 2010, prices in total industry excluding the energy sector increased by 3.9% in the euro area and by 4.0% in the EU27. Prices in the energy sector gained 12.5% and 12.7% respectively. Intermediate goods rose by 7.4% in the euro area and by 7.3% in the EU27. Non-durable consumer goods increased by 2.0% and 2.5% respectively. Durable consumer goods rose by 1.4% in the euro area and by 1.7% in the EU27. Capital goods gained 0.9% and 1.0% respectively.

Among the Member States for which data are available, the largest increases in the total index were observed in Bulgaria (+11.1%), Lithuania and the Netherlands (both +10.3%), and the smallest in Malta (+0.8%), Slovakia (+1.9%) and Sweden (+2.5%).


Source: Eurostat

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