According to a report released by Eurostat, the Statistical Office of the European Communities, in September this year in the European Union member states (EU-27) industrial producer prices increased 0.4 percent as compared to August levels. In September this year as compared with September 2010, industrial producer prices rose by 6.9 percent in the EU-27.
In September 2011, compared with the previous month, prices in overall industry excluding the energy sector increased by 0.1 percent in the EU-27, while prices in the energy sector rose by 1.3 percent. Meanwhile, in September in the EU-27, prices of intermediate goods remained stable, while prices of durable consumer goods rose 0.3 percent, non-durable consumer goods increased by 0.2 percent and prices of capital goods rose by 0.1 percent.
Among the member states for which data are available, the highest month-on-month increases in the overall index were recorded in Hungary (+1.7 percent), in Cyprus (+1.1 percent), and in Lithuania and the UK (both +1.0 percent). The largest decreases were recorded in Sweden (-0.8 percent), in Finland (-0.2 percent) and Latvia (-0.1 percent).
In September this year, prices in the total industry excluding the energy sector increased by 3.9 percent year on year in the EU-27, while prices in the energy sector gained 14.3 percent, intermediate goods rose by 5.3 percent, non-durable consumer goods increased by 4.1 percent, durable consumer goods rose by 2.4 percent and capital goods gained 1.6 percent, all compared to the same month last year.
Among member states for which data are available, the largest year-on-year increases in the overall index were observed in the United Kingdom (+13.2 percent), Lithuania (+12.2 percent) and Latvia (+9.3 percent), and the smallest in Malta (+0.9 percent) and Slovakia (+2.6 percent). The only decrease was recorded in Sweden (-0.3 percent).