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Industrial producer prices up by 0.4% in euro area
added: 2010-12-03

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

In October 2010 compared with October 2009, industrial producer prices gained 4.4% in the euro area and 4.5% in the EU27.

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

Monthly changes

In October 2010, 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 rose by 0.7% and 1.4% respectively. Intermediate goods gained 0.3% in the euro area and 0.4% in the EU27. Durable consumer goods increased by 0.2% and 0.1% respectively. Non-durable consumer goods gained 0.1% in both zones. Capital goods rose by 0.1% in the euro area, but fell by 0.1% in the EU27.

Among the Member States for which data are available, the highest increases in the total index were recorded in France and the Netherlands (both +0.8%), Denmark, Spain and Sweden (all +0.6%), and the largest decreases in Ireland (-0.8%), Latvia (-0.6%), Italy and Portugal (both -0.2%).

Annual changes

In October 2010 compared with October 2009, prices in total industry excluding the energy sector increased by 2.9% in both the euro area and the EU27. Prices in the energy sector gained 8.8% and 9.1% respectively. In both zones, intermediate goods rose by 5.5%, durable consumer goods by 1.3% and capital goods by 0.8%. Non-durable consumer goods increased by 1.2% in the euro area and by 1.3% 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 (+10.1%) and Hungary (+10.0%), and the smallest in Ireland (+1.7%) and the Czech Republic (+2.6%). The only decrease was observed in Slovakia (-1.1%).


Source: Eurostat

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