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Home News Europe Industrial Producer Prices up by 0.9% in Euro Area in April 2011


Industrial Producer Prices up by 0.9% in Euro Area in April 2011
added: 2011-06-07

In April 2011 compared with March 2011, the industrial producer price index rose by 0.9% in the euro area (EA17) and by 1.0% in the EU27. In March prices increased by 0.8% and 1.2% respectively.

In April 2011 compared with April 2010, industrial producer prices gained 6.7% in the euro area and 7.8% in the EU27.

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

Monthly changes

In April 2011, compared with the previous month, prices in total industry excluding the energy sector increased by 0.4% in both the euro area and the EU27. Prices in the energy sector rose by 2.0% and 2.2% respectively. In both zones, intermediate goods gained 0.6%, durable consumer goods 0.2% and capital goods 0.1%. Non-durable
consumer goods rose by 0.5% in the euro area and by 0.4% in the EU27.

Among the Member States for which data are available, the highest increases in the total index were recorded in Latvia (+4.6%), the United Kingdom (+1.8%), the Netherlands (+1.4%), Denmark and Greece (both +1.2%), and the lowest in Romania (+0.3%). The only decrease was observed in Sweden (-0.5%), while prices remained
stable in Malta.

Annual changes

In April 2011 compared with April 2010, prices in total industry excluding the energy sector increased by 4.4% in the euro area and by 4.6% in the EU27. Prices in the energy sector gained 13.3% and 15.4% respectively. Intermediate goods rose by 7.3% in both zones. Non-durable consumer goods increased by 3.4% in the euro area
and by 3.9% in the EU27. Durable consumer goods rose by 2.0% and 1.9% respectively. Capital goods gained 1.3% in the euro area and 1.4% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in the United Kingdom (+13.1%), the Netherlands (+11.7%), Bulgaria (+10.7%), Belgium (+10.6%) and Lithuania (+10.5%), and the smallest in Malta (+0.9%), Sweden (+2.9%), Slovakia (+3.1%) and Cyprus (+4.7%).


Source: Eurostat

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