Wednesday, 17 April 2013

Producer Prices Up By 0.2% In Euro Area

Industrial producer prices in the euro area increased by 0.2% in February 2013. In the EU27 the increase was 0.4% according to Eurostat. In January 2013 prices increased by 0.4% in both zones.

The monthly analysis shows prices in industry excluding the energy sector increased by 0.1% in both zones. Energy prices increased 0.4% and 1.3% respectively. Capital goods prices rose by 0.1% in the euro area and 0.2% in the EU27. Durables and non-durables both increased by 0.1% in both zones and intermediate goods remained stable.

The annual comparison shows that prices rose by 1.3% in both zones, excluding energy the increase was 1.2% in both zones. Energy prices rose by 1.6% and 1.4% respectively. Non-durables prices increased by 2.3% in the euro area and by 2.4% in the EU27 and in both zones capital goods increased by 0.8%, intermediate goods and durable goods prices increased by 0.7%.

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