March 2019 compared with February 2019 Industrial producer prices down by 0.1% in Euro area up by 0.1 % in EU28

In March 2019, compared with February 2019, industrial producer prices fell by 0.1% in the euro area (EA19) and rose by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2019, prices increased by 0.1 % in the euro area and by 0.2 % in the EU28.

In March 2019, compared with March 2018, industrial producer prices rose by 2.9 % in the euro area and by 3.1 % in the EU28.

Monthly comparison by main industrial grouping and by Member State

Industrial producer prices in the euro area in March 2019, compared with February 2019, fell by 0.5 % for the energy sector, remained stable for non-durable consumer goods, and rose by 0.1% for both capital goods and durable consumer goods and by 0.2 % for intermediate goods. Prices in total industry excluding energy remained stable.

In the EU28, industrial producer prices rose by 0.2 % for intermediate goods, by 0.1 % for capital goods, durable consumer goods and non-durable consumer goods, while prices in the energy sector remained stable. Prices in total industry excluding energy rose by 0.2 %.

The largest decreases  in  industrial producer  prices  were recorded   in  Denmark  (-1.6 %),  Cyprus  (-1.2 %)  and Estonia (-0.8 %), while the highest increases were observed in Greece (+1.1 %), Luxembourg and Romania (both +0.8 %).

Annual comparison by main industrial grouping and by Member State

Industrial producer prices in the euro area in March 2019, compared with March 2018, rose by 7.8% in the energy sector, by 1.5% for both capital goods and durable consumer goods, by 1.3% for intermediate goods and by 0.1% for non-durable consumer goods. Prices in total industry excluding energy rose by 1.0%.

In the EU28, industrial producer prices rose by 8.2% in the energy sector, by 1.7% for intermediate goods, by 1.6% for durable consumer goods, by 1.5% for capital goods and by 0.5% for non-durable consumer goods. Prices in total industry excluding energy rose by 1.3%.

Industrial producer prices rose in all Member States, with the highest increases recorded in Romania (+6.7%), Belgium (+6.4 %), Latvia (+6.1 %) and Hungary (+5.5 %).

www.ec.europa.eu/eurostat/