Industrial producer prices up by 0.3% in euro area Up by 0.2% in EU27

In September 2010 compared with August 2010, the industrial producer price index rose by 0.3% in the euro area (EA16) and by 0.2% in the EU27. In August 20103, prices increased by 0.1% in both zones. In September 2010 compared with September 2009, industrial producer prices gained 4.2% in the euro area and 4.5% in the EU27.

In September 2010, compared with the previous month, prices in total industry excluding the energy sector increased by 0.3% in both the euro area and the EU27. Intermediate goods rose by 0.5% in both zones. Prices in the energy sector gained 0.3% in the euro area and 0.1% in the EU27. Non-durable consumer goods increased by 0.2% and 0.1% respectively. Both capital goods and durable consumer goods remained stable in the euro area and rose by 0.1% in the EU27. Among Member States for which data are available, the highest increases in the total index were recorded in Romania (+1.2%), Finland (+1.1%), Belgium and Bulgaria (both +0.8%). The only decreases were observed in Hungary (-0.8%), Slovakia (-0.4%) and the United Kingdom (-0.1%).

In September 2010 compared with September 2009, prices in total industry excluding the energy sector increased by 2.5% in the euro area and by 2.7% in the EU27. Prices in the energy sector gained 9.4% and 9.5% respectively. Intermediate goods rose by 5.1% in both zones. Durable consumer goods increased by 1.2% in the euro area and by 1.5% in the EU27. Capital goods gained 0.7% and 1.0% respectively. Non-durable consumer goods rose by 0.7% in the euro area and by 0.9% in the EU27. Among Member States for which data are available, the largest increases in the total index were observed in Malta (+14.4%), Bulgaria and Hungary (both +9.6%), and the smallest in Ireland (+1.9%) and the Czech Republic (+2.4%). The only decrease was observed in Slovakia (-0.8%).

News source: Eurostat link: article