Be the first to comment!Industrial producer prices up by 0.1% in euro area stable in EU27
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In December 2009 compared with November 2009, the industrial producer price index rose by 0.1% in the euro area (EA16) and remained stable in the EU272. In November, prices increased by 0.2% in both zones.
In December 2009 compared with December 2008, industrial producer prices fell by 2.9% in the euro area and by 1.7% in the EU27.
The average industrial producer price index for 2009, compared with 2008, decreased by 5.1% in the euro area and by 4.3% in the EU27.
Monthly changes
In December 2009, compared with the previous month, prices in total industry excluding the energy sector remained stable in the euro area and rose by 0.1% in the EU27. Prices in the energy sector fell by 0.2% and 0.7% respectively. In both zones, intermediate goods, durable and non-durable consumer goods all increased by 0.1%. Capital goods gained 0.1% in the euro area and 0.3% in the EU27.
Among Member States for which data are available, the highest increases in the total index were recorded in Bulgaria (+0.9%), Sweden (+0.8%), Lithuania (+0.6%) and Latvia (+0.5%). The largest decreases were observed in Malta (-0.7%) and Denmark (-0.6%).
Annual changes
In December 2009, compared with December 2008, prices in total industry excluding the energy sector decreased by 2.3% in the euro area and by 1.7% in the EU27. Prices in the energy sector fell by 5.6% and 2.6% respectively. Intermediate goods declined by 3.4% in the euro area and by 2.9% in the EU27. Non-durable consumer goods dropped by 2.3% and 1.4% respectively. Capital goods fell by 0.5% in the euro area and by 0.2% in the EU27. Durable consumer goods rose by 0.5% and 0.9% respectively.
Among Member States for which data are available, the largest decreases in the total index were observed in Latvia (-10.1%), Malta (-8.8%), Lithuania (-5.6%), the Netherlands (-5.5%), Germany (-5.2%) and Slovakia (-5.1%). The highest increases were observed in Greece (+4.5%), Romania (+3.6%) and the United Kingdom (+3.2%).
These figures come from Eurostat, the statistical office of the European Union.
