Eurozone industrial producer prices down 0.3 pct in April
(LUXEMBOURG) - Industrial producer prices in the eurozone fell by 0.3 per cent in April 2016 compared with the month before, and by 0.2 per cent in the EU28, according to estimates from Eurostat.
In March 2016 prices rose by 0.3% in the euro area and by 0.4% in the EU28.
In April 2016, compared with April 2015, industrial producer prices decreased by 4.4% in the euro area and by 4.2% in the EU28.
The 0.3% decrease in industrial producer prices in total industry in the euro area in April 2016 compared with a year earlier, is due to price falls of 1.1% in the energy sector and of 0.1% for non-durable consumer goods, while prices rose by 0.1% for both capital goods and durable consumer goods and by 0.2% for intermediate goods. Prices in total industry excluding energy increased by 0.1%.
In the EU28, the 0.2% decrease is due to price falls of 0.5% in the energy sector and of 0.1% for non-durable consumer goods, while prices rose by 0.1% for both capital goods and durable consumer goods and by 0.2% for intermediate goods. Prices in total industry excluding energy increased by 0.1%.
The largest decreases in industrial producer prices were observed in Croatia (-1.5%), Sweden (-1.0%), Belgium, Estonia and Italy (all -0.9%), and the highest increases in Ireland (+1.3%), the United Kingdom (+0.6%) and Denmark (+0.5%).
The 4.4% decrease in industrial producer prices in total industry in the euro area in April 2016, compared with April 2015, is due to price falls of 12.5% in the energy sector, of 2.9% for intermediate goods and of 0.8% for non-durable consumer goods, while prices rose by 0.3% for capital goods and by 0.9% for durable consumer goods. Prices in total industry excluding energy fell by 1.2%.
In the EU28, the 4.2% price decrease is due to falls of 13.0% in the energy sector, of 2.6% for intermediate goods and of 0.7% for non-durable consumer goods, while prices rose by 0.5% for capital goods and by 0.9% for durable consumer goods. Prices in total industry excluding energy fell by 1.1%.
Industrial producer prices fell in all Member States except Malta (+1.0%). The largest decreases were observed in the Netherlands (-10.3%), Greece (-8.8%), Belgium (-6.9%) and Lithuania (-6.6%).