Be the first to comment!Industrial producer prices up by 0.1% in euro area Up by 0.2% in EU27
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In November 2009 compared with October 2009, the industrial producer price index rose by 0.1% in the euro area (EA16) and by 0.2% in the EU27. In October, prices increased by 0.3% and 0.6% respectively. In November 2009 compared with November 2008, industrial producer prices dropped by 4.4% in the euro area and by 3.2% in the EU27.
Monthly changes
In November 2009, compared with the previous month, prices in total industry excluding the energy sector fell by 0.1% in the euro area and remained stable in the EU27. Prices in the energy sector rose by 0.8% and 1.1% respectively. In both zones, capital goods and durable consumer goods remained stable. Non-durable consumer goods declined by 0.1% in the euro area and remained stable in the EU27. Intermediate goods decreased by 0.2% in the euro area and remained stable in the EU27. Among Member States for which data are available, the highest increases in the total index were recorded in Denmark (+1.4%), Lithuania, Portugal, Finland and the United Kingdom (all +0.6%), and the largest decreases in Latvia (-1.6%), Cyprus (-1.1%) and the Netherlands (-0.4%), Malta stood at 0.1%.
Annual changes
In November 2009, compared with November 2008, prices in total industry excluding the energy sector decreased by 3.1% in the euro area and by 2.4% in the EU27. Prices in the energy sector fell by 8.7% and 5.7% respectively. Intermediate goods declined by 5.0% in the euro area and by 4.3% in the EU27. Non-durable consumer goods dropped by 2.9% and 1.8% respectively. Capital goods fell by 0.7% in the euro area and by 0.4% in the EU27. Durable consumer goods rose by 0.5% and 1.0% respectively. Among Member States for which data are available, the largest decreases in the total index were observed in Latvia (-11.0%), Lithuania (-9.7%) and Malta (-8.1%). The only increases were observed in Romania (+1.9%), Poland (+1.8%), Greece and the United Kingdom (both +0.8%).
These figures come from Eurostat, the statistical office of the European Union.
