02.09.2015, 13:44
Industrial producer prices down by 0.1% in euro area
OREANDA-NEWS. In July 2015, compared with June 2015, industrial producer prices fell by 0.1% in the euro area (EA19) and by 0.2%
in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2015
prices remained stable in the euro area and fell by 0.1% in the EU28.
In July 2015, compared with July 2014, industrial producer prices decreased by 2.1% 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 July 2015, compared with June 2015, is due to a price fall of 0.5% in the energy sector, while prices remained stable for intermediate goods, and increased by 0.1% for capital goods, durable and non-durable consumer goods. Prices in total industry excluding energy remained stable. In the EU28, the 0.2% decrease is due to price falls of 1.0% in the energy sector and of 0.1% for intermediate goods, while prices remained stable for 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. The largest decreases in industrial producer prices were observed in Denmark (-2.6%), Estonia (-1.5%), Greece (-1.4%) and Belgium (-1.0%), and the only increases in Ireland (+1.3%), Cyprus (+0.6%), Slovakia and Finland (both +0.2%) and Spain (+0.1%).
Annual comparison by main industrial grouping and by Member State
The 2.1% decrease in industrial producer prices in total industry in the euro area in July 2015, compared with July 2014, is due to price falls of 6.5% in the energy sector, of 1.0% for non-durable consumer goods and of 0.7% for intermediate goods, while prices rose by 0.7% for capital goods and by 0.9% 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 9.9% in the energy sector, of 1.1% for non-durable consumer goods and of 0.7% 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 Denmark (-9.0%), Lithuania (-8.3%), the United Kingdom (-7.0%), Cyprus (-6.7%), Greece (-5.4%) and the Netherlands (-5.2%).
In July 2015, compared with July 2014, industrial producer prices decreased by 2.1% 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 July 2015, compared with June 2015, is due to a price fall of 0.5% in the energy sector, while prices remained stable for intermediate goods, and increased by 0.1% for capital goods, durable and non-durable consumer goods. Prices in total industry excluding energy remained stable. In the EU28, the 0.2% decrease is due to price falls of 1.0% in the energy sector and of 0.1% for intermediate goods, while prices remained stable for 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. The largest decreases in industrial producer prices were observed in Denmark (-2.6%), Estonia (-1.5%), Greece (-1.4%) and Belgium (-1.0%), and the only increases in Ireland (+1.3%), Cyprus (+0.6%), Slovakia and Finland (both +0.2%) and Spain (+0.1%).
Annual comparison by main industrial grouping and by Member State
The 2.1% decrease in industrial producer prices in total industry in the euro area in July 2015, compared with July 2014, is due to price falls of 6.5% in the energy sector, of 1.0% for non-durable consumer goods and of 0.7% for intermediate goods, while prices rose by 0.7% for capital goods and by 0.9% 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 9.9% in the energy sector, of 1.1% for non-durable consumer goods and of 0.7% 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 Denmark (-9.0%), Lithuania (-8.3%), the United Kingdom (-7.0%), Cyprus (-6.7%), Greece (-5.4%) and the Netherlands (-5.2%).
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