Industrial producer prices up by 0.4% in euro area Up by 0.5% in EU27

In October 2010 compared with September 2010, the industrial producer price index rose by 0.4% in the euro area (EA16) and by 0.5% in the EU27. In September 2010, prices increased by 0.3% in both zones. In October 2010 compared with October 2009, industrial producer prices gained 4.4% in the euro area and 4.5% in the EU27.

In October 2010, compared with the previous month, prices in total industry excluding the energy sector increased by 0.2% in both the euro area and the EU27. Prices in the energy sector rose by 0.7% and 1.4% respectively. Intermediate goods gained 0.3% in the euro area and 0.4% in the EU27. Durable consumer goods increased by 0.2% and 0.1% respectively. Non-durable consumer goods gained 0.1% in both zones. Capital goods rose by 0.1% in the euro area, but fell by 0.1% in the EU27. Among the Member States for which data are available, the highest increases in the total index were recorded in France and the Netherlands (both +0.8%), Denmark, Spain and Sweden (all +0.6%), and the largest decreases in Ireland (-0.8%), Latvia (-0.6%), Italy and Portugal (both -0.2%).

In October 2010 compared with October 2009, prices in total industry excluding the energy sector increased by 2.9% in both the euro area and the EU27. Prices in the energy sector gained 8.8% and 9.1% respectively. In both zones, intermediate goods rose by 5.5%, durable consumer goods by 1.3% and capital goods by 0.8%. Non-durable consumer goods increased by 1.2% in the euro area and by 1.3% in the EU27. Among Member States for which data are available, the largest increases in the total index were observed in Malta (+14.8%), Bulgaria (+10.1%) and Hungary (+10.0%), and the smallest in Ireland (+1.7%) and the Czech Republic (+2.6%). The only decrease was observed in Slovakia (-1.1%). 

News source: Eurostat link: publication