Be the first to comment!Industrial producer prices down by 0.8% in euro area and 0.6% in EU27
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In January 2009 compared with December 2008, the industrial producer price index fell by 0.8% in the euro area (EA16) and by 0.6% in the EU27. In December 2008, prices decreased by 1.5% and 1.7% respectively.
In January 2009 compared with January 2008, industrial producer prices dropped by 0.5% in the euro area but rose by 0.2% in the EU27.
Monthly changes
In January 2009, compared with the previous month, prices in total industry excluding the energy sector fell by 0.6% in the euro area and by 0.5% in the EU27. Prices in the energy sector decreased by 1.5% and 0.8% respectively. Durable consumer goods gained 0.2% in the euro area and 0.3% in the EU27. Capital goods rose by 0.1% and 0.2% respectively. Non-durable consumer goods dropped by 0.6% in the euro area and by 0.4% in the EU27. Intermediate goods declined by 1.2% and 1.0% respectively.
Among Member States for which data are available, the highest increases in the total index were registered in the Czech Republic and Romania (both +1.1%) and Hungary (+0.9%). The largest falls were observed in France (-2.0%), Bulgaria (-1.3%) and Germany (-1.1%).
Annual changes
In January 2009, compared with January 2008, prices in total industry excluding the energy sector increased by 0.1% in the euro area and by 1.0% in the EU27. Prices in the energy sector fell by 2.7% and 2.0% respectively. Capital goods gained 2.0% in the euro area and 2.6% in the EU27. Durable consumer goods rose by 1.7% and 2.2% respectively. Non-durable consumer goods decreased by 0.1% in the euro area but increased by 1.1% in the EU27. Intermediate goods declined by 0.9% in the euro area but remained unchanged in the EU27.
Among Member States for which data are available, the highest increases in the total index were observed in Romania (+6.4%), Hungary (+4.4%) and the United Kingdom (+3.2%). The largest falls were observed in Denmark (-5.2%), Greece (-3.4%) and France (-2.9%).
Note: No specific data was available for Malta.
These figures come from Eurostat, the Statistical Office of the European Communities.
From January 2009 onwards, data for industrial producer prices is published according to a new classification. At the same time, indices are calculated and presented with 2005 as a new base year.
