Industrial producer prices down by 0.1 % in Euro Area and down by 0.2% in EU28

Industrial producer prices down by 0.1 % in Euro Area and down by 0.2% in EU28

In July 2015, compared with June 2015, industrial producer prices fell by 0.1% in the Euro Area (EA19) and by 0.2 % in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In June 2015 prices remained stable in the Euro Area and fell by 0.1% in the EU28. In July 2015, compared with July 2014, industrial producer prices decreased by 2.1 % in the Euro Area and by 2.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

2015, compared with June 2015, is due to a price fall of 0.5 % in the energy sector, while prices remained stable for intermediate goods, and increased by 0.1 % for capital goods, durable and non-durable consumer goods. Prices in total industry excluding energy remained stable. In the EU28, the 0.2 % decrease is due to price falls of 1.0% in the energy sector and of 0.1 % for intermediate goods, while prices remained stable for non-durable consumer goods and increased by 0.1 % for both capital goods and durable consumer goods.

Prices in total industry excluding energy remained stable. The largest decreases in industrial producer prices were observed in Denmark (-2.6 %), Estonia (-1.5 %), Greece (-1.4%) and Belgium (-1.0%), and the only increases in Ireland (+1.3 %), Cyprus (+0.6%), Slovakia and Finland (both +0.2%) and Spain (+0.1 %).

The decrease in industrial producer prices in total industry in the euro area in July 2015, compared with July 2014, is due to price falls of 6.5% in the energy sector, of 1.0 % for non-durable consumer goods and of 0.7% for intermediate goods, while prices rose by 0.7 % for capital goods and by 0.9 % for durable consumer goods. Prices in total industry excluding energy fell by 0.4 %.

In the EU28, the 2.7% price decrease is due to falls of 9.9 % in the energy sector, of 1.1 % for non-durable consumer goods and  of  0.7 %  for  intermediate  goods,  while  prices  rose  by  0.8%  for  capital  goods and by  1.0 %  for  durable consumer goods. Prices in total industry excluding energy fell by 0.3 %.

Industrial producer prices fell in all Member States, except Luxembourg (+0.5%). The largest decreases were observed in Denmark (-9.0 %), Lithuania (-8.3 %), the United Kingdom (-7.0 %), Cyprus (-6.7 %), Greece (-5.4 %) and the Netherlands (-5.2 %).

http://ec.europa.eu/eurostat/en   


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