In June 2009 compared with May 2009, the industrial producer price index rose by 0.3% in the euro area2 (EA16) and by 0.2% in the EU272. In May3, prices remained stable in both zones. In June 2009 compared with June 2008, industrial producer prices dropped by 6.6% in the euro area and by 6.7% in the EU27.

Monthly changes In June 2009, compared with the previous month, prices in total industry excluding the energy sector fell by 0.1% in both the euro area and the EU27. Prices in the energy sector increased by 1.4% and 1.0% respectively. Intermediate goods decreased by 0.1% in the euro area and by 0.2% in the EU27. In both zones, durable consumer goods and non-durable consumer goods dropped by 0.1%. Capital goods remained stable in the euro area but declined by 0.1% in the EU27. Among Member States for which data are available, the largest increases in the total index were recorded in Greece (+2.1%), Denmark (+2.0%), Finland (+1.1%) and the United Kingdom (+1.0%). The only decreases were observed in Latvia (-1.8%), Slovakia (-0.6%), Germany and Cyprus (both -0.1%), while the index remained stable in the Czech Republic and Ireland, Malta stood at 0.1%.

Annual changes In June 2009, compared with June 2008, prices in total industry excluding the energy sector decreased by 3.5% in the euro area and by 2.6% in the EU27. Prices in the energy sector fell by 15.0% and 15.9% respectively. Intermediate goods declined by 6.4% in the euro area and by 5.4% in the EU27. Non-durable consumer goods dropped by 2.9% and 1.7% respectively. Capital goods rose by 0.3% in the euro area and by 0.8% in the EU27. Durable consumer goods gained 1.5% and 1.9% respectively. Among Member States for which data are available, the largest falls in the total index were observed in the Netherlands (-13.2%), Denmark (-11.2%) and Belgium (-9.4%). The only increases were registered in Malta (+21.2%), Hungary (+2.1%) and Romania (+1.3%), Malta stood at 2.1%.

These figures come from Eurostat, the Statistical Office of the European Communities.

Permalink: June industrial producer prices up by 0.3% in euro area & by 0.2% in EU27