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Home News Europe Industrial Producer Prices up by 0.1% in Both Euro Area and EU27 in October 2012


Industrial Producer Prices up by 0.1% in Both Euro Area and EU27 in October 2012
added: 2012-12-06

In October 2012, compared with September 2012, the industrial producer price index rose by 0.1% in both the euro area (EA17) and the EU27, according to estimates from Eurostat, the statistical office of the European Union. In September prices increased by 0.2% and 0.3% respectively. In October 2012 compared with October 2011, industrial producer prices gained 2.6% in the euro area and 2.5% in the EU27.

Monthly comparison

In October 2012, compared with the previous month, prices in total industry excluding the energy sector gained 0.1% in both the euro area and the EU27. In both zones, non-durable consumer goods rose by 0.2% and intermediate goods remained stable. Durable consumer goods increased by 0.1% in the euro area and by 0.2% in the EU27. Capital goods remained stable in the euro area and gained 0.1% in the EU27. Prices in the energy sector fell by 0.2% and 0.3% respectively.

Among the Member States for which data are available, the highest increases in the total index were recorded in Belgium and the Netherlands (both +0.8%), Romania (+0.6%), France and the United Kingdom (both +0.5%), and the largest decreases in Lithuania (-1.1%), Greece (-1.0%), Poland (-0.6%), Italy and Finland (both -0.3%).

Annual comparison

In October 2012, compared with October 2011, prices in total industry excluding the energy sector increased by 1.5% in both the euro area and the EU27. Prices in the energy sector rose by 5.9% and 5.3% respectively.

Non-durable consumer goods gained 2.5% in the euro area and 2.6% in the EU27. In both zones, durable consumer goods rose by 1.3% and capital goods by 0.9%. Intermediate goods gained 1.3% in the euro area and 1.1% in the EU27.

Among the Member States for which data are available, the largest increases in the total index were observed in Bulgaria (+6.9%), Romania (+6.5%) and Cyprus (+6.3%), and the smallest in Sweden (+0.2%), Malta and Austria (both +0.9%).


Source: Eurostat

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