Be the first to comment!Industrial producer prices up by 0.4% in euro area Up by 0.2% in EU27
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In August 2009 compared with July 2009, the industrial producer price index rose by 0.4% in the euro area (EA16) and by 0.2% in the EU27 In July, prices decreased by 0.7% and 0.6% respectively. In August 2009 compared with August 2008, industrial producer prices dropped by 7.5% in the euro area and by 7.1% in the EU27.
Monthly changes
In August 2009, compared with the previous month, prices in total industry excluding the energy sector increased by 0.1% in the euro area and remained stable in the EU27. Prices in the energy sector rose by 1.5% and 0.7% respectively. Intermediate goods increased by 0.3% in the euro area and by 0.2% in the EU27. Durable consumer goods remained stable in both zones. Both capital goods and non-durable consumer goods remained stable in the euro area, but declined by 0.1% in the EU27. Among Member States for which data are available, the highest increases in the total index were recorded in Greece (+1.6%), Finland and the United Kingdom (both +1.0%). The largest decreases were observed in Lithuania (-0.7%), Ireland (-0.6%) and Bulgaria (-0.3%) Malta stood at 0.3%
Annual changes
In August 2009, compared with August 2008, prices in total industry excluding the energy sector decreased by 4.2% in the euro area and by 3.3% in the EU27. Prices in the energy sector fell by 16.9% and 16.3% respectively. Intermediate goods declined by 7.4% in the euro area and by 6.4% in the EU27. Non-durable consumer goods dropped by 3.1% and 2.1% respectively. Capital goods fell by 0.2% in the euro area, but rose by 0.1% in the EU27. Durable consumer goods gained 1.2% and 1.6% respectively. Among Member States for which data are available, the largest falls in the total index were observed in the Netherlands (-13.3%), Lithuania (-12.0%) and Denmark (-10.8%), and the lowest in Hungary (-0.8%), Romania (-1.0%) and Sweden (-1.4%). The only increase was registered in Malta (+0.6%).
These figures come from Eurostat, the Statistical Office of the European Communities.
