Industrial producer price index up in January

05 Mar '08

2 min read

In January 2008 compared with December 2007, the industrial producer price index rose by 0.8% in the euro area (EA15) and by 1.0% in the EU27. In December prices increased by 0.1% and 0.3% respectively.

In January 2008 compared with January 2007, industrial producer prices gained 4.9% in the euro area and 5.8% in the EU27.

Monthly changes:
In January 2008, compared with the previous month, prices in total industry excluding the energy sector gained 0.6% in the euro area and 0.7% in the EU27. Prices in the energy sector increased by 1.4% and 1.7% respectively.

Intermediate goods rose by 0.9% in the euro area and by 1.0% in the EU27. Durable consumer goods increased by 0.8% and 0.7% respectively. Non-durable consumer goods gained 0.5% in the euro area and 0.6% in the EU27. In both zones, capital goods rose by 0.3%.

Among Member States for which data are available, the highest increases were registered in Hungary (+5.1%), Finland (+2.4%) and Lithuania (+2.3%), and the lowest in Ireland (+0.3%), Italy (+0.4%), France and Luxembourg (both +0.5%).

Annual changes:
In January 2008, compared with January 2007, prices in total industry excluding the energy sector increased by 3.3% in the euro area and by 3.6% in the EU27. Prices in the energy sector rose by 10.6% and 12.6% respectively. Non-durable consumer goods gained 4.6% in the euro area and 4.7% in the EU27.

Intermediate goods increased by 3.7% and 4.2% respectively.In both zones, durable consumer goods gained 2.1%. Capital goods rose by 1.3% in the euro area and by 1.4% in the EU27. Among Member States for which data are available, the highest increases were observed in Lithuania (+15.8%), Denmark (+15.6%) and Bulgaria (+13.0%), and the lowest in Germany (+3.3%), Ireland and Finland (both +3.9%).

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