Malta has smallest industrial producer price increase in EU

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Malta has smallest industrial producer price increase in EUIn April 2011 compared with March 2011, the industrial producer price index rose by 0.9% in the euro area (EA17) and by 1.0% in the EU27. In March prices increased by 0.8% and 1.2% respectively.

In April 2011 compared with April 2010, industrial producer prices gained 6.7% in the euro area and 7.8% in the EU27.

In April 2011, compared with the previous month, prices in total industry excluding the energy sector increased by 0.4% in both the euro area and the EU27. Prices in the energy sector rose by 2.0% and 2.2% respectively. In both zones, intermediate goods gained 0.6%, durable consumer goods 0.2% and capital goods 0.1%. Non-durable consumer goods rose by 0.5% in the euro area and by 0.4% in the EU27.

Among the Member States for which data are available, the highest increases in the total index were recorded in Latvia (+4.6%), the United Kingdom (+1.8%), the Netherlands (+1.4%), Denmark and Greece (both +1.2%), and the lowest in Romania (+0.3%). The only decrease was observed in Sweden (-0.5%), while prices remained stable in Malta.

In April 2011 compared with April 2010, prices in total industry excluding the energy sector increased by 4.4% in the euro area and by 4.6% in the EU27. Prices in the energy sector gained 13.3% and 15.4% respectively. Intermediate goods rose by 7.3% in both zones. Non-durable consumer goods increased by 3.4% in the euro area and by 3.9% in the EU27. Durable consumer goods rose by 2.0% and 1.9% respectively. Capital goods gained 1.3% in the euro area and 1.4% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in the United Kingdom (+13.1%), the Netherlands (+11.7%), Bulgaria (+10.7%), Belgium (+10.6%) and Lithuania (+10.5%), and the smallest in Malta (+0.9%), Sweden (+2.9%), Slovakia (+3.1%) and Cyprus (+4.7%).

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

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