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Industrial producer prices up by 0.8% in EU

In February 2011 compared with January 2011, the industrial producer price index rose by 0.8% in both the euro area (EA17) and the EU27. In January prices increased by 1.3% and 1.2% respectively.

In February 2011 compared with February 2010, industrial producer prices gained 6.6% in the euro area and 7.1% in the EU27.

These figures come from Eurostat, the statistical office of the European Union.

Monthly changes
In February 2011, compared with the previous month, prices in total industry excluding the energy sector increased by 0.6% in the euro area and by 0.5% in the EU27. Prices in the energy sector rose by 1.2% and 1.3% respectively. Intermediate goods gained 1% in the euro area and 0.9% in the EU27. Non-durable consumer goods increased by 0.5% and 0.4% respectively. Durable consumer goods rose by 0.2% in the euro area and by 0.3% in the EU27. Capital goods gained 0.2% in both zones.

Among the Member States for which data are available, the highest increases in the total index were recorded in Lithuania (+2%), Belgium and Denmark (both +1.9%), Greece (+1.3%) and Finland (+1.2%). Decreases were observed in Slovakia (-0.3%), Sweden (-0.2%) and Estonia (-0.1%), while prices remained stable in Cyprus.

Annual changes
In February 2011 compared with February 2010, prices in total industry excluding the energy sector increased by 4.5% in both the euro area and the EU27. Prices in the energy sector gained 12.8% and 13.2% respectively. Intermediate goods rose by 8.1% in the euro area and by 8.0% in the EU27. Non-durable consumer goods increased by 2.6% and 3.0% respectively. Durable consumer goods rose by 1.8% in the euro area and by 2.0% in the EU27. Capital goods gained 1.2% in the euro area and 1.3% in the EU27.

Among Member States for which data are available, the largest increases in the total index were observed in Bulgaria (+12.5%), the Netherlands (+10.3%), Belgium (+10.2%) and the United Kingdom (+9.9%), and the smallest in Malta (+0.8%), Sweden (+0.9%) and Slovakia (+3.4%).






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