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Industrial producer prices gain 4.1% in euro area
08
Jan '08
In November 2007 compared with October 2007, the industrial producer price index rose by 0.8% in the euro area (EA13) and by 1.1% in the EU27. In October3 prices increased by 0.7% in the euro area and by 0.9% in the EU27.

In November 2007 compared with November 2006, industrial producer prices gained 4.1% in the euro area and 4.2% in the EU27. These figures come from Eurostat, the Statistical Office of the European Communities.

Monthly changes:
In November 2007, compared with the previous month, prices in total industry excluding the energy sector rose by 0.1% in both the euro area and the EU27. Prices in the energy sector increased by 3.2% and 3.9% respectively.

In both zones, non-durable consumer goods gained 0.3% and durable consumer goods 0.1%. Capital goods remained unchanged in the euro area and rose by 0.1% in the EU27. Intermediate goods remained unchanged in both zones.

Among Member States for which data are available, the highest increases were registered in Lithuania (+2.3%), the United Kingdom (+2.2%) and Belgium (+2.1%). The only decreases were recorded in Luxembourg (-0.9%) and Ireland (-0.2%), while prices remained unchanged in Cyprus.

Annual changes:
In November 2007, compared with November 2006, prices in total industry excluding the energy sector increased by 3.2% in the euro area and by 3.3% in the EU27. Prices in the energy sector rose by 7.8% and 7.0% respectively. Non-durable consumer goods gained 3.9% in the euro area and 4.0% in the EU27.

Intermediate goods increased by 3.7% and 3.9% respectively. Durable consumer goods gained 1.9% in the euro area and 1.8% in the EU27. Capital goods rose by 1.5% in both zones. Among Member States for which data are available, the highest increases were observed in Lithuania (+15.2%), Bulgaria (+13.2%) and Denmark (+9.4%), and the lowest in Finland (+1.9%), Slovakia (+2.1%) and Germany (+2.5%).

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