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Home News Europe Industrial Producer Prices up by 0.2% in Euro Area - February 2013


Industrial Producer Prices up by 0.2% in Euro Area - February 2013
added: 2013-04-09

In February 2013, compared with January 2013, the industrial producer price index rose by 0.2% in the euro area (EA17) and by 0.4% in the EU27, according to estimates from Eurostat, the statistical office of the European Union. In January prices increased by 0.4% in both zones.

In February 2013 compared with February 2012, industrial producer prices gained 1.3% in both the euro area and the EU27.

Monthly comparison

In February 2013, compared with the previous month, prices in total industry excluding the energy sector increased by 0.1% in both the euro area and the EU27. Prices in the energy sector gained 0.4% and 1.3% respectively. Capital goods rose by 0.1% in the euro area and by 0.2% in the EU27. In both zones, durable consumer goods and non-durable consumer goods increased by 0.1% while intermediate goods remained stable.

Among the Member States for which data are available, the highest increases in the total index were observed in the United Kingdom (+2.0%), Greece (+1.7%), Hungary (+1.2%) and Ireland (+0.8%). Decreases were recorded in Slovakia (-0.6%), Latvia (-0.3%) and Germany (-0.1%).

Annual comparison

In February 2013, compared with February 2012, prices in total industry excluding the energy sector increased by 1.2% in both the euro area and the EU27. Prices in the energy sector rose by 1.6% and 1.4% respectively. Non-durable consumer goods gained 2.3% in the euro area and 2.4% in the EU27. In both zones, capital goods increased by 0.8%, intermediate goods and durable consumer goods by 0.7%.

Among the Member States for which data are available, the largest increases in the total index were observed in Estonia (+9.7%), Romania (+6.5%), Belgium (+4.2%) and Cyprus (+2.8%). Decreases were recorded in Sweden (-1.6%) and Austria (-0.5%).


Source: Eurostat

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