Increase In Factory Gate Prices In Europe In September

Industrial producer prices in Europe went up by 0.1% in both the euro area and the EU28 in September compared with August 2013 according to a statistical bulletin from Eurostat. Over the year to September 2013 industrial producer prices fell by 0.9% in the euro area and 0.5% in the EU28.

Prices in total industry excluding energy fell by 0.1% in both zones over the month. Energy prices increased by 0.5% in the euro area and by 0.4% in the EU28. Consumer durables increased by 0.1% in both zones and capital goods and non-durable consumer goods remained unchanged but intermediate goods fell by 0.1%.

Over the year, total industry prices excluding energy fell by 0.1% in the euro area and rose by 0.1% in the EU28. Energy prices decreased by 2.7% and 2.4% respectively. Intermediate goods fell by 1.5% in the euro area and 1.3% in the EU28 Capital goods increased by 0.6% and 0.7% respectively. Durables increased by 0.8% in the euro area and 0.5% in the EU28 and non-durables increased by 1.6% and 1.8% respectively.