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Euro area's industrial producer prices drop by 12.4% YoY in Sep 2023

13 Nov '23
3 min read
Pic: Adobe Stock/kucheruk
Pic: Adobe Stock/kucheruk

Insights

  • In September 2023, industrial producer prices showed a significant yearly decrease with a 12.4 per cent drop in the euro area and 11.2 per cent in the European Union (EU).
  • Energy prices increased by 2.2 per cent in the euro area and 2.1 per cent in the EU.
  • Prices for durable and non-durable consumer goods remained mostly stable or decreased slightly.
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