Industrial producer prices gain 4.3% in the euro area
04 Feb '08
2 min read
In December 2007 compared with November 2007, the industrial producer price index rose by 0.1% in the euro area (EA13) and by 0.2% in the EU27. In November prices increased by 0.9% and 1.2% respectively.
In December 2007 compared with December 2006, industrial producer prices gained 4.3% in the euro area and 4.5% in the EU27. These figures come from Eurostat, the Statistical Office of the European Communities.
The average industrial producer price index for 2007, compared to 2006, increased by 2.8% for the euro area and by 2.7% for the EU27.
Monthly changes: In December 2007, compared with the previous month, prices in total industry excluding the energy sector gained 0.1% in both the euro area and the EU27. Prices in the energy sector increased by 0.1% and 0.5% respectively. In both zones, non-durable consumer goods rose by 0.4%, capital goods and durable consumer goods by 0.1% each, while intermediate goods fell by 0.1%.
Among Member States for which data are available, the highest increases were registered in Romania (+1.6%), Ireland (+1.0%) and Belgium (+0.9%). The largest decreases were recorded in Bulgaria (-1.1%) and Finland (-0.5%), while prices remained unchanged in the Netherlands and Slovakia.
Annual changes In December 2007, compared with December 2006, prices in total industry excluding the energy sector increased by 3.1% in the euro area and by 3.3% in the EU27. Prices in the energy sector rose by 8.3% and 8.1% respectively. Non-durable consumer goods gained 4.2% in the euro area and 4.4% in the EU27.
Intermediate goods increased by 3.4% and 3.8% respectively. In both zones, durable consumer goods gained 1.9%. Capital goods rose by 1.5% in the euro area and by 1.6% in the EU27. Among Member States for which data are available, the highest increases were observed in Lithuania (+15.6%), Bulgaria (+11.3%) and Denmark (+11.0%), and the lowest in Finland (+1.7%), Germany (+2.5%) and Slovakia (+2.9%).
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