EU-27 industrial prices rise 0.1 percent in February

Industrial producer prices in the European Union member states (EU-27) rose slightly by 0.1 percent month on month in February, according to Eurostat, the Statistical Office of the European Communities. In January, the revised month-on-month increase was 0.8 percent in the region.
 
As compared with February 2009, industrial producer prices in February in the EU-27 increased by 0.4 percent.
 
In February, prices in the energy sector increased by 0.1 percent month on month and were up 1.7 percent year on year, while prices for durable consumer goods increased by 0.1 percent over January this year and were up by 0.5 percent compared to February 2009.
 
On month-on-month basis, the highest increases in the total index were recorded in Lithuania at 1.7 percent, in Finland at 1.6 percent and in Sweden at 1.4 percent, while the largest decreases were seen in Slovakia with 1.7 percent and the Czech Republic with 0.3 percent.