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Industrial Producer Prices up by 0.2% in Euro Area in September 2012
added: 2012-11-07

In September 2012, compared with August 2012, the industrial producer price index rose by 0.2% in the euro area (EA17) and by 0.3% in the EU27. In August prices increased by 0.9% and 1.1% respectively. These figures come from Eurostat, the statistical office of the European Union.

In September 2012 compared with September 2011, industrial producer prices gained 2.7% in the euro area and 2.6% in the EU27.

Monthly comparison

In September 2012, compared with the previous month, prices in total industry excluding the energy sector gained 0.3% in both the euro area and the EU27. Prices in the energy sector remained stable in the euro area and rose by 0.5% in the EU27. In both zones, intermediate goods and non-durable consumer goods increased by 0.4%, while capital goods and durable consumer goods remained stable.

Among the Member States for which data are available, the highest increases in the total index were recorded in Denmark (+1.1%), the Netherlands (+0.9%) and Portugal (+0.6%). Decreases were recorded in Greece (-0.6%), Spain and Italy (both -0.1%), while prices remained stable in the Czech Republic, Ireland and Slovenia.

Annual comparison

In September 2012, compared with September 2011, prices in total industry excluding the energy sector increased by 1.2% in the euro area and by 1.3% in the EU27. Prices in the energy sector rose by 7.0% and 6.6% respectively. Non-durable consumer goods gained 2.4% in the euro area and 2.6% in the EU27. In both zones, durable consumer goods rose by 1.3%, capital goods by 0.9% and intermediate goods by 0.7%.

Among the Member States for which data are available, the largest increases in the total index were observed in Bulgaria (+6.6%), Cyprus (+6.3%) and Romania (+6.0%), and the smallest in Sweden (+0.5%), Malta, Austria and Slovenia (all +0.9%).


Source: Eurostat

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