Wednesday, 6 October 2010

Slight Increase In Industrial Producer Prices

The industrial producer price index went up by 0.1% in August in the euro area compared with July 2010 and was unchanged in the EU27. Compared with August 2009, industrial producer prices increased by 3.6% in the euro area and 3.9% in the EU27.

In both zones, over the month prices for intermediate goods increased by 0.4%, by 0.2% for non-durable consumer goods and 0.1% for durables. Capital goods decreased by 0.1% in the euro area and were unchanged in the EU27. Energy prices decreased by 0.4% and 0.7% respectively.

If August 2009 prices are compared with August 2010 prices total industry prices (excluding energy) increased by 2.2% in the euro area and 2.4% in the EU27. Energy prices increased by 7.5% in the euro area and 7.6% in the EU27. Durables increased by 1.1% and 1.4% respectively, non-durables by 0.4% and 0.7% respectively. Prices for intermediate goods rose by 4.7% in both zones. Capital goods increased by 0.5% in the euro area and 0.9% in the EU27.

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