05.04.2016, 08:44
Industrial producer prices down by 0.7% in euro area
OREANDA-NEWS. In February 2016, compared with January 2016, industrial producer prices fell by 0.7% in the euro area (EA19) and by 0.6% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 2016 prices decreased by 1.1% in both zones.
In February 2016, compared with February 2015, industrial producer prices fell by 4.2% in both the euro area and the EU28.
Monthly comparison by main industrial grouping and by Member State
The 0.7% decrease in industrial producer prices in total industry in the euro area in February 2016, compared with January 2016, is due to price falls of 2.1% in the energy sector, of 0.4% for intermediate goods and of 0.2% for nondurable consumer goods, while prices remained stable for capital goods and increased by 0.1% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
In the EU28, the 0.6% decrease is due to price falls of 2.0% in the energy sector, of 0.4% for intermediate goods and of 0.2% for non-durable consumer goods, while prices remained stable for capital goods and increased by 0.1% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
The largest decreases in industrial producer prices were observed in Estonia (-5.2%), the Netherlands (-2.8%), Denmark (-2.6%), Hungary (-2.0%) and Lithuania (-1.8%), and the only increases in Portugal (+0.4%) and the United Kingdom (+0.1%).
Annual comparison by main industrial grouping and by Member State
The 4.2% decrease in industrial producer prices in total industry in the euro area in February 2016, compared with February 2015, is due to price falls of 12.8% in the energy sector, of 2.1% for intermediate goods and of 0.5% for non-durable consumer goods, while prices rose by 0.4% for capital goods and by 0.7% for durable consumer goods. Prices in total industry excluding energy fell by 0.8%.
In the EU28, the 4.2% price decrease is due to falls of 14.0% in the energy sector, of 2.0% for intermediate goods and of 0.5% for non-durable consumer goods, while prices rose by 0.6% for capital goods and by 0.8% for durable consumer goods. Prices in total industry excluding energy fell by 0.7%.
Industrial producer prices fell in all Member States, with the largest decreases observed in the Netherlands (-10.5%), Greece (-9.9%), Denmark and Cyprus (both -6.4%), Belgium and Lithuania (both -6.0%).
In February 2016, compared with February 2015, industrial producer prices fell by 4.2% in both the euro area and the EU28.
Monthly comparison by main industrial grouping and by Member State
The 0.7% decrease in industrial producer prices in total industry in the euro area in February 2016, compared with January 2016, is due to price falls of 2.1% in the energy sector, of 0.4% for intermediate goods and of 0.2% for nondurable consumer goods, while prices remained stable for capital goods and increased by 0.1% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
In the EU28, the 0.6% decrease is due to price falls of 2.0% in the energy sector, of 0.4% for intermediate goods and of 0.2% for non-durable consumer goods, while prices remained stable for capital goods and increased by 0.1% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
The largest decreases in industrial producer prices were observed in Estonia (-5.2%), the Netherlands (-2.8%), Denmark (-2.6%), Hungary (-2.0%) and Lithuania (-1.8%), and the only increases in Portugal (+0.4%) and the United Kingdom (+0.1%).
Annual comparison by main industrial grouping and by Member State
The 4.2% decrease in industrial producer prices in total industry in the euro area in February 2016, compared with February 2015, is due to price falls of 12.8% in the energy sector, of 2.1% for intermediate goods and of 0.5% for non-durable consumer goods, while prices rose by 0.4% for capital goods and by 0.7% for durable consumer goods. Prices in total industry excluding energy fell by 0.8%.
In the EU28, the 4.2% price decrease is due to falls of 14.0% in the energy sector, of 2.0% for intermediate goods and of 0.5% for non-durable consumer goods, while prices rose by 0.6% for capital goods and by 0.8% for durable consumer goods. Prices in total industry excluding energy fell by 0.7%.
Industrial producer prices fell in all Member States, with the largest decreases observed in the Netherlands (-10.5%), Greece (-9.9%), Denmark and Cyprus (both -6.4%), Belgium and Lithuania (both -6.0%).
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