The FINANCIAL — In December 2012, compared with November 2012, the industrial producer price index1 fell by 0.2% in both the euro area (EA17) and the EU27, according to estimates from Eurostat, the statistical office of the European Union. In November prices also decreased by 0.2% in both zones.
In December 2012 compared with December 2011, industrial producer prices gained 2.1% in the euro area and 1.9% in the EU27.
The average industrial producer price index for 2012, compared with 2011, increased by 2.6% in the euro area and by 2.7% in the EU27.
In December 2012, compared with the previous month, prices in total industry excluding the energy sector remained stable in both the euro area and the EU27. Prices in the energy sector fell by 0.8% and 1.0% respectively. In both zones, durable consumer goods decreased by 0.1%, intermediate goods and capital goods remained stable and non-durable consumer goods increased by 0.1%.
Prices fell in almost all Member States for which data are available, except Belgium and Sweden (both +1.2%) and Finland (+0.2%). The largest decreases in the total index were recorded in Bulgaria (-1.0%), Denmark (-0.8%), Cyprus (-0.7%) and Austria (-0.6%).
Annual comparison — In December 2012, compared with December 2011, prices in total industry excluding the energy sector increased by 1.6% in both the euro area and the EU27. Prices in the energy sector rose by 3.7% and 2.6% respectively. Non-durable consumer goods gained 2.3% in the euro area and 2.6% in the EU27. Intermediate goods rose by 1.6% in the euro area and by 1.4% in the EU27. In both zones, durable consumer goods gained 1.0% and capital goods 0.9%.
Among the Member States for which data are available, the largest increases in the total index were observed in Belgium (+6.4%), Bulgaria (+5.4%) and Denmark (+4.9%), and the smallest in Austria (+0.1%), Sweden (+0.4%) and Poland (+0.6%).
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