September 2016 compared with August 2016-Industrial producer prices up by 0.1 % in Euro Area -up by 0.2 % in EU28

September 2016 compared with August 2016-Industrial producer prices up by 0.1 % in Euro Area -up by 0.2 % in EU28

In September 2016, compared with August 2016, industrial producer prices rose 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 August 2016 prices fell by 0.2% in both zones

In September 2016, compared with September 2015, industrial producer prices decreased by 1.5 % in the Euro Area and by 1.1 % in the EU28.

Producer Prices

Monthly comparison by main industrial grouping and by Member State

The 0.1 % increase in industrial producer prices in total industry in the euro area in September 2016, compared with August 2016, is due to rises of 0.2 % in the energy sector and of 0.1 % for both durable and non-durable consumer goods, while prices remained stable for both intermediate goods and capital goods. Prices in total industry excluding energy also rose by 0.1 %.

In the EU28, the 0.2 % increase is due to rises of 0.4 % in the energy sector, of 0.2 % for non-durable consumer goods and of 0.1 % for durable consumer goods, while prices for both intermediate goods and capital goods remained stable. Prices in total industry excluding energy rose by 0.1 %.

The largest increases in industrial producer prices were observed in the Netherlands (+2.0 %), Belgium and Croatia (both +1.5 %) and Estonia (+0.6 %); industrial producer prices only decreased in Germany (-0.2 %), Ireland, Italy, Malta and Sweden (all -0.1 %).

Annual comparison by main industrial grouping and by Member State

The 1.5 % decrease in industrial producer prices in total industry in the euro area in September 2016, compared with September 2015, is due to price falls of 4.7 % in the energy sector and of 1.4 % for intermediate goods, while prices remained stable for non-durable consumer goods and increased by 0.4 % for capital goods and by 0.9 % for durable consumer goods. Prices in total industry excluding energy fell by 0.3 %.

In the EU28, the 1.1 % price decrease is due to falls of 3.5 % in the energy sector and of 1.1 % for intermediate goods, while prices rose by 0.2 % for non-durable consumer goods, by 0.8 % for capital goods and by 1.0 % for durable consumer goods. Prices in total industry excluding energy fell by 0.1 %.

Industrial producer prices fell in nearly all Member States, with the largest decreases observed in Luxembourg (-7.1 %), the Netherlands (-3.8 %), Slovakia (-3.3 %) and Greece (-3.2 %). Industrial producer prices increased only in the United Kingdom (+1.8 %), Poland and Sweden (both +0.7 %) and Malta (+0.4 %).

Geographical information

The Euro Area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU28) includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.

http://ec.europa.eu/eurostat/


Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.