According to the report released by Eurostat, the Statistical Office of the European Communities, in September this year industrial producer prices rose 0.1 percent month on month both in the euro area and in the European Union member states (EU-28). In September this year as compared to September 2012, industrial producer prices fell by 0.9 percent in the euro area and were down by 0.5 percent in the EU-28.
In September this year compared with the previous month, prices in overall industry excluding the energy sector fell by 0.1 percent in both the euro area and the EU-28. In September, the prices of durable consumer goods increased by 0.1 percent in both zones, while prices of non-durable consumer goods and capital goods remained stable and the prices of intermediate goods decreased by 0.1 percent in both zones, all month on month.
Among the member states for which data are available, the largest month-on-month increases were recorded in Estonia (+1%), Lithuania and Austria (+0.5%), and Denmark and Sweden (+0.4%), while the largest decreases were registered in Cyprus (-0.9%), Belgium (-0.8%), Ireland (-0.6%) and Portugal (-0.5%).
In September of the current year as compared to September 2012, prices in overall industry excluding the energy sector decreased by 0.1 percent in the euro area and increased by 0.1 percent in the EU-28, while prices in the energy sector fell 2.7 percent in the euro area and by 2.4 percent in the EU-28. Prices of intermediate goods decreased by 1.5 percent in the euro area and by 1.3 percent in the EU-28. Prices of capital goods rose by 0.6 percent in the euro area and by 0.7 percent in the EU-28, prices of durable consumer goods rose by 0.8 percent in the euro area and by 0.5 percent in the EU-28, while prices of non-durable consumer goods rose by 1.6 percent in the euro area and by 1.8 percent in the EU-28, all year on year.
Among member states for which data are available, the largest year-on-year increases in the overall index were observed in Estonia (+10.8%), Denmark (+2.5%), Ireland (+2.1%) and in the United Kingdom (+1.9%), while the largest decreases were seen in Cyprus (-3.6%), Bulgaria (-3.5%), Netherlands (-2.7%), and in Lithuania (-2.3%).