Malta’s industrial producer price increase highest in EU

Email item Email item Print item Print item

Malta's industrial producer price increase highest in EUIn May 2010 compared with April 2010, the industrial producer price index rose by 0.3% in the euro area (EA16) and by 0.2% in the EU27. In April 2010, prices increased by 1.0% and 0.8% respectively.

Annual changes

In May 2010 compared with May 2009, prices in total industry excluding the energy sector increased by 1.7% in the euro area and by 1.8% in the EU27. Prices in the energy sector gained 7.0% in the euro area and 8.6% in the EU27. Intermediate goods increased by 3.9% and 3.8% respectively. Durable consumer goods rose by 0.7% in the euro area and by 1.0% in the EU27. Capital goods increased by 0.2% and 0.5% respectively. Non-durable consumer goods fell by 0.1% in the euro area, but rose by 0.2% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in Malta (+17.0%), Hungary (+9.1%), Greece (+7.3%) and Finland (+7.1%). The only decreases were observed in Slovakia (-3.1%) and Latvia (-1.2%).In May 2010 compared with April 2010, the industrial producer price index1 rose by 0.3% in the euro area (EA16) and by 0.2% in the EU27. In April 2010, prices increased by 1.0% and 0.8% respectively.

In May 2010 compared with May 2009, industrial producer prices rose by 3.1% in the euro area and by 3.7% in the EU27.

Monthly changes

In May 2010, compared with the previous month, prices in total industry excluding the energy sector increased by 0.4% in the euro area and by 0.5% in the EU27. Intermediate goods gained 0.8% in both zones. Durable consumer goods increased by 0.2% in the euro area and by 0.3% in the EU27. Non-durable consumer goods rose by 0.1% in the euro area and by 0.3% in the EU27. Capital goods gained 0.1% and 0.2% respectively. Prices in the energy sector remained stable in the euro area, but fell by 0.3% in the EU27.

Among Member States for which data are available, the highest increases in the total index were recorded in Hungary (+3.4%), Cyprus (+2.0%), Lithuania (+1.3%) and Slovenia (+1.2%). The only decreases were observed in Greece (-0.6%), Sweden and the United Kingdom (both -0.5%).

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

  • Permalink: Malta’s industrial producer price increase highest in EU
  • You may also like...

    Leave a Reply

    Your email address will not be published. Required fields are marked *