Fall In Industrial Producer Prices In EU

The industrial producer prices index published by Eurostat fell by 0.2% in the euro area and by 0.3% in the EU27 in May compared with April 2011. When comparing May 2011 with May 2010 the IPP index rose by 6.2% in the euro area and by 78.1% in the EU27.

Energy prices fell by 1.1% in the euro area and 1.3% in EU27 over the month.Non-durables increased by 0.3% in both areas, durables increased by 0.1% in the euro area and remained stable in the EU27. Capital goods also remained stable while intermediate goods increased by 0.2% in the euro area and by 0.3% in the EU27.