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Home News Europe Industrial Producer Prices up by 0.7% in Euro Area in March 2011


Industrial Producer Prices up by 0.7% in Euro Area in March 2011
added: 2011-05-05

In March 2011 compared with February 2011, the industrial producer price index rose by 0.7% in the euro area (EA17) and by 1.0% in the EU27. In February prices increased by 0.8% in both zones.

In March 2011 compared with March 2010, industrial producer prices gained 6.7% in the euro area and 7.4% in the EU27.

These figures come from Eurostat, the statistical office of the European Union.

Monthly changes

In March 2011, compared with the previous month, prices in total industry excluding the energy sector increased by 0.2% in both the euro area and the EU27. Prices in the energy sector rose by 1.9% and 2.8% respectively. Intermediate goods gained 0.3% in both zones. Non-durable consumer goods rose by 0.3% in the euro area and by 0.2% in the EU27. Durable consumer goods increased by 0.1% and 0.3% respectively. Capital goods remained stable in the euro area and gained 0.1% in the EU27.

Among the Member States for which data are available, the highest increases in the total index were recorded in the United Kingdom (+3.0%), Denmark (+2.1%), Greece (+1.5%) and Finland (+1.3%), and the smallest in Hungary and Malta (both +0.1%), Sweden (+0.2%) and Latvia(+0.3%).

Annual changes

In March 2011 compared with March 2010, prices in total industry excluding the energy sector increased by 4.5% in the euro area and by 4.6% in the EU27. Prices in the energy sector gained 13.0% and 14.1% respectively. Intermediate goods rose by 7.9% in both zones. Non-durable consumer goods increased by 2.9% in the euro area and by 3.4% in the EU27. Durable consumer goods rose by 1.8% and 1.9% respectively. Capital goods gained 1.2% in the euro area and 1.3% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in Bulgaria (+12.1%), the Netherlands (+10.8%), the United Kingdom (+10.7%) and Romania (+9.5%), and the smallest in Malta (+0.9%), Sweden (+2.9%), Slovakia (+3.3%) and Cyprus (+4.4%).


Source: Eurostat

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