OREANDA-NEWS. In June 2015, compared with May 2015, industrial producer prices1 fell by 0.1% in both the euro area2 (EA19) and the EU282 , according to estimates from Eurostat, the statistical office of the European Union. In May 20153 prices remained stable in the euro area and rose by 0.1% in the EU28.

In June 2015, compared with June 2014, industrial producer prices decreased by 2.2% in the euro area and by 2.7% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The 0.1% decrease in industrial producer prices in total industry in the euro area in June 2015, compared with May 2015, is due to a price fall of 0.2% in the energy sector, while prices remained stable for both intermediate goods and non-durable consumer goods, and increased by 0.1% for both capital goods and durable consumer goods. Prices in total industry excluding energy remained stable. In the EU28, the 0.1% decrease is due to a price fall of 0.3% in the energy sector, while prices remained stable for both intermediate goods and non-durable consumer goods, and increased by 0.1% for capital goods and by 0.2% for durable consumer goods. Prices in total industry excluding energy remained stable. The largest decreases in industrial producer prices were observed in Lithuania (-1.5%), Denmark, Slovakia and Sweden (all -0.9%), and the highest increases in Spain (+0.9%), Estonia (+0.6%), Hungary (+0.5%) and Poland (+0.4%).

Annual comparison by main industrial grouping and by Member State

The 2.2% decrease in industrial producer prices in total industry in the euro area in June 2015, compared with June 2014, is due to price falls of 7.0% 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 1.0% for durable consumer goods. Prices in total industry excluding energy fell by 0.4%. In the EU28, the 2.7% price decrease is due to falls of 9.8% in the energy sector, of 1.1% for non-durable consumer goods and of 0.6% for intermediate goods, while prices rose by 0.8% for capital goods and by 1.0% for durable consumer goods. Prices in total industry excluding energy fell by 0.3%. Industrial producer prices fell in all Member States except Luxembourg (+0.5%). The largest decreases were observed in Lithuania (-8.5%), Denmark (-7.3%), the United Kingdom (-6.7%), Cyprus (-6.0%) and the Netherlands (-5.8%).