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European industrial producer prices down in April - Euro

Sep 05,2018
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According to estimates from Eurostat, the statistical office of the European Union, in April 2013, compared with March 2013, the industrial producer price index' fell by 0.6% in the euro area2 and by 0.7% in the EU27.

Monthly comparison
In April 2013, compared with the previous month, prices in total industry excluding the energy sector fell by 0.2% in the euro area and by 0.1% in the EU27. Prices in the energy sector dropped by 1.6% and 2.0% respectively. Intermediate goods decreased by 0.4% in the euro area and by 0.3% in the EU27. Non-durable consumer goods declined by 0.1% in the euro area and remained stable in the EU27.

In both zones, durable consumer goods remained stable while capital goods rose by 0.1 %.

Prices decreased in most of the Member States for which data are available. The largest decreases in the total index were observed in the United Kingdom (-1.5%). Belgium (-1.4%). Greece and the Netherlands (both -1.3%). Increases were recorded only in Latvia (+1.1%), Denmark (+0.4%), Estonia (-HD.2%), Cyprus and Slovakia (both -+0.1 %), while prices remained stable in Malta and Slovenia.

Annual comparison
In April 2013, compared with April 2012, prices in total industry excluding the energy sector increased by 0.6% in the euro area and by 0.7% in the EU27. Prices in the energy sector decreased by 2.0% and 2.8% respectively. Intermediate goods fell by 0.3% in the euro area and by 0.2% in the EU27. Capital goods increased by 0.6% and 0.7% respectively. Durable consumer goods gained 0.7% in the euro area and 0.6% in the EU27. Non-durable consumer goods rose by 1.9% and 2.1% respectively.

Among the Member States for which data are available, the highest increases in the total index were observed in Estonia (+11.3%), Romania (+4.9%), Belgium (+1.9%) and Latvia (+1.8%), and the largest decreases in Greece (-2.4%), Poland (-2.1%), Sweden (-1.7%) and the Netherlands (-1.5%).

Source - Strategic Research Institute
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