In August 2008 compared with July 2008, the industrial producer price index fell by 0.5% in the euro area (EA15) and by 0.7% in the EU272. In July, prices rose by 1.3% and 1.2% respectively.
In August 2008 compared with August 2007, industrial producer prices increased by 8.5% in the euro area and by 10.4% in the EU27.
These figures come from Eurostat, the Statistical Office of the European Communities.
Monthly changes –In August 2008, compared with the previous month, prices in total industry excluding the energy sector rose by 0.2% in both the euro area and the EU27. Prices in the energy sector fell by 2.5% and 2.8% respectively. Intermediate goods gained 0.3% in the euro area and 0.2% in the EU27. Non-durable consumer goods rose by 0.2% in both zones. Capital goods increased by 0.1% in the euro area and by 0.2% in the EU27. Durable consumer goods remained stable in the euro area and gained 0.1% in the EU27.
Among Member States for which data are available, the highest increases were registered in Lithuania (+1.9%), Luxembourg (+1.8%) and Romania (+1.4%). The largest falls were observed in Denmark and the United Kingdom (both -1.8%), and Greece and the Netherlands (both -1.1%).
Annual changes –In August 2008, compared with August 2007, prices in total industry excluding the energy sector increased by 4.3% in the euro area and by 4.9% in the EU27. Prices in the energy sector rose by 22.5% and 27.1% respectively. Intermediate goods gained 6.0% in the euro area and 6.8% in the EU27. Non-durable consumer goods increased by 4.1% and 4.9% respectively. Durable consumer goods rose by 2.4% in the euro area and 2.5% in the EU27. Capital goods gained 2.2% and 2.6% respectively.
Among Member States for which data are available, the highest increases were observed in Luxembourg (+27.0%), Denmark (+20.5%) and Lithuania (+20.4%), and the lowest in the Czech Republic (+5.7%), Ireland (+6.2%) and Slovakia (+6.7%).
Note: No specific data was available for Malta in this release.