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Industrial producer prices up by 0.3% in both euro area and EU27
added: 2007-05-07

The euro area (EA13) industrial producer price index rose by 0.3% in March 2007 compared to February. In March 2007, EU27 prices also gained 0.3%. In February prices also increased by 0.3% in both the euro area and the EU27.

In March 2007 compared to March 2006, industrial producer prices rose by 2.7% in the euro area and by 2.4% in the EU27.

Monthly changes

In March 2007, compared to the previous month, prices in total industry excluding the energy sector rose by 0.2% in the euro area and by 0.3% in the EU27. Prices in the energy sector increased by 0.6% in both zones. Intermediate goods gained 0.4% in the euro area and 0.5% in the EU27. Capital goods rose by 0.1% and 0.2% respectively. In both zones, durable consumer goods and non-durable consumer goods both increased by 0.1%.

Among Member States for which data are available, the highest increases were registered in Bulgaria (+1.4%), Greece (+1.1%) and Lithuania (+0.8%). The only decreases were recorded in Denmark (-0.7%) and the Netherlands (-0.4%). Prices in Slovakia remained unchanged.

Annual changes

In March 2007, compared to March 2006, and excluding the energy sector, industrial prices increased by 3.4% in the euro area and by 3.6% in the EU27. Prices in the energy sector rose by 0.8% in the euro area, but fell by 0.9% in the EU27. Intermediate goods gained 5.8% and 6.0% respectively. Capital goods increased by 2.0% in the euro area and by 2.1% in the EU27. In both zones, durable consumer goods rose by 2.0%. Non-durable consumer goods gained 1.4% in the euro area and 2.0% in the EU27.

Among Member States for which data are available, the highest increases were observed in Bulgaria and Luxembourg (both +7.8%), Lithuania (+6.3%) and Slovenia (+4.9%). The only decrease was registered in Denmark (-4.3%).


Source: European Commission

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