The FINANCIAL — In May 2015, compared with April 2015, industrial producer prices remained stable in the euro area (EA19) and rose by 0.1% in the EU282, according to estimates from Eurostat, the statistical office of the European Union. In April 20153 prices fell by 0.1% in the euro area and remained stable in the EU28.
In May 2015, compared with May 2014, industrial producer prices decreased by 2.0% in the euro area and by 2.6% in the EU28.
Monthly comparison by main industrial grouping and by Member State
In the euro area, industrial producer prices in total industry remained stable in May 2015, compared with April 2015, as prices increased by 0.3% for intermediate goods and remained stable for capital goods, durable and non-durable consumer goods, offset by a fall of 0.3% in the energy sector. Prices in total industry excluding energy rose by 0.1%.
In the EU28, the 0.1% increase is due to rises of 0.3% for intermediate goods, of 0.2% in the energy sector and of 0.1% for durable consumer goods, while prices remained stable for capital goods and decreased by 0.1% for non- durable consumer goods. Prices in total industry excluding energy also increased by 0.1%.
The highest increases in industrial producer prices were observed in Hungary (+1.6%), Belgium (+0.8%), Greece, Portugal and the United Kingdom (all +0.7%), and the largest decreases in Estonia (-0.9%), the Netherlands (-0.8%) and France (-0.6%).
Annual comparison by main industrial grouping and by Member State
The 2.0% decrease in industrial producer prices in total industry in the euro area in May 2015, compared with May 2014, is due to falls of 6.4% in the energy sector, of 1.1% for non-durable consumer goods and of 0.6% for intermediate goods, while prices rose by 0.7% for capital goods and by 0.9% for durable consumer goods. Prices in total industry excluding energy fell by 0.3%.
In the EU28, the 2.6% decrease is due to falls of 9.2% in the energy sector, of 1.1% for non-durable consumer goods and of 0.5% for intermediate goods, while prices rose by 0.8% for capital goods and by 0.9% for durable consumer goods. Prices in total industry excluding energy fell by 0.3%.
Industrial producer prices fell in all Member States except Luxembourg (+0.6%) and Slovenia (+0.1%). The largest decreases were observed in Lithuania (-7.9%), Denmark (-6.9%), the United Kingdom (-6.6%), Cyprus (-6.4%) and the Netherlands (-6.1%).
Discussion about this post