Industrial producer prices stable in both euro area and EU27

By: trademagazin Date: 2012. 06. 04. 13:27

In April 2012, compared with the previous month, prices in total industry excluding the energy sector increased by 0.2% in both the euro area and the EU27. Intermediate goods rose by 0.3% in both zones. Both capital goods and non-durable consumer goods gained 0.1% in the euro area and 0.2% in the EU27. Durable consumer goods remained stable in the euro area and increased by 0.1% in the EU27. Prices in the energy sector fell by 0.1% in both zones.
Among the Member States for which data are available, the highest increases in the total index were recorded in Bulgaria, Denmark and Ireland (all +1.1%) and Portugal (+0.6%). Decreases were recorded in Spain (-0.8%), Sweden (-0.5%), the United Kingdom (-0.3%), Greece (-0.2%), France and Finland (both -0.1%).
Annual comparison
In April 2012 compared with April 2011, prices in total industry excluding the energy sector increased by 1.3% in the euro area and by 1.5% in the EU27. Prices in the energy sector gained 6.8% and 6.6% respectively. Non-durable consumer goods rose by 2.4% in the euro area and by 2.8% in the EU27. In both zones, durable consumer goods increased by 2.0%. Capital goods gained 1.1% in the euro area and 1.3% in the EU27. Intermediate goods rose by 0.6% and 0.8% respectively.
Among the Member States for which data are available, the largest increases in the total index were observed in Cyprus (+8.3%), Lithuania (+7.1%) and Hungary (+7.0%), and the smallest in Malta and Slovenia (both +0.7%) and Austria (+1.0%). The only decrease was recorded in Sweden (-0.5%).
1.
The index of producer prices shows (in the national currency of the country concerned) changes in the ex-works sale prices of all products sold on the domestic markets of the various countries, excluding imports. Euro area and EU indices refer to overall weighted price changes. The figures are not adjusted. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU.
The weights of the Member States in the EU and euro area aggregates can be found at:
http://circa.europa.eu/Public/irc/dsis/ebt/library?l=/sts_weights_public&vm=detailed&sb=Title
See file: EU_EA17_NEWS_RELEASE_WEIGHTINGS_2005_nace2
More detailed data can be found in the short-term statistics database on the Eurostat website:
http://epp.eurostat.ec.europa.eu/portal/page/portal/short_term_business_statistics/data/database
2.
The euro area (EA17) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).
3.
Compared with data issued in the News Release 68/2012 of 3 May 2012, the monthly growth rate for March 2012 remains unchanged at +0.5% in the euro area and has been revised from +0.6% to +0.5% in the EU27. The annual growth rates for March 2012 have been revised from +3.3% to +3.5% in the euro area and from +3.8% to +3.9% in the EU27.

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