In January 2011 compared with December 2010, the industrial producer price index rose by 1.5% in the euro area (EA17) and by 1.4% in the EU27. In December 2010, prices increased by 0.8% and 1.2% respectively.

In January 2011 compared with January 2010, industrial producer prices gained 6.1% in the euro area and 6.5% in the EU27.

Monthly changes

In January 2011, compared with the previous month, prices in total industry excluding the energy sector increased by 0.8% in both the euro area and the EU27. Prices in the energy sector rose by 3.2% and 2.5% respectively. Intermediate goods increased by 1.5% in the euro area and by 1.4% in the EU27. Non-durable consumer goods gained 0.4% and 0.5% respectively. Durable consumer goods rose by 0.2% in the euro area and by 0.4% in the EU27. In both zones, capital goods increased by 0.2%.

Among the Member States for which data are available, the highest increases in the total index were recorded in Spain (+2.4%), the Netherlands (+2.1%), Belgium and Portugal (both +1.9%). Decreases were observed in Sweden (-1.3%), Denmark (-0.5%) and Cyprus (-0.1%). Malta stood at 0.2%.

Annual changes

In January 2011 compared with January 2010, prices in total industry excluding the energy sector increased by 3.9% in the euro area and by 4.0% in the EU27. Prices in the energy sector gained 12.5% and 12.7% respectively. Intermediate goods rose by 7.4% in the euro area and by 7.3% in the EU27. Non-durable consumer goods increased by 2.0% and 2.5% respectively. Durable consumer goods rose by 1.4% in the euro area and by 1.7% in the EU27. Capital goods gained 0.9% and 1.0% respectively.

Among the Member States for which data are available, the largest increases in the total index were observed in Bulgaria (+11.1%), Lithuania and the Netherlands (both +10.3%), and the smallest in Malta (+0.8%), Slovakia (+1.9%) and Sweden (+2.5%).

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

Permalink: Malta has smallest industrial producer price increase in EU