02.02.2016, 15:32
Industrial producer prices down by 0.8% in both euro area and EU28
OREANDA-NEWS. In December 2015, compared with November 2015, industrial producer prices fell by 0.8% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November 2015 prices decreased by 0.2% in both zones.
In December 2015, compared with December 2014, industrial producer prices fell by 3.0% in the euro area and by 3.2% in the EU28.
The average industrial producer price for the year 2015, compared with 2014, decreased by 2.7% in the euro area and by 3.2% in the EU28.
Monthly comparison by main industrial grouping and by Member State
The 0.8% decrease in industrial producer prices in total industry in the euro area in December 2015, compared with November 2015, is due to price falls of 2.7% in the energy sector, of 0.3% for intermediate goods and of 0.1% for non-durable consumer goods, while prices remained stable for both capital goods and durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
In the EU28, the 0.8% decrease is due to price falls of 2.8% in the energy sector, of 0.3% for intermediate goods and of 0.1% for non-durable consumer goods, while prices remained stable for both capital goods and durable consumer goods. Prices in total industry excluding energy fell by 0.2%. Industrial producer prices fell in all Member States except Malta and Sweden (both +0.1%). The largest decreases were observed in the Netherlands (-3.0%), Denmark and Greece (both -2.4%), Belgium and Estonia (both -2.0%).
In December 2015, compared with December 2014, industrial producer prices fell by 3.0% in the euro area and by 3.2% in the EU28.
The average industrial producer price for the year 2015, compared with 2014, decreased by 2.7% in the euro area and by 3.2% in the EU28.
Monthly comparison by main industrial grouping and by Member State
The 0.8% decrease in industrial producer prices in total industry in the euro area in December 2015, compared with November 2015, is due to price falls of 2.7% in the energy sector, of 0.3% for intermediate goods and of 0.1% for non-durable consumer goods, while prices remained stable for both capital goods and durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
In the EU28, the 0.8% decrease is due to price falls of 2.8% in the energy sector, of 0.3% for intermediate goods and of 0.1% for non-durable consumer goods, while prices remained stable for both capital goods and durable consumer goods. Prices in total industry excluding energy fell by 0.2%. Industrial producer prices fell in all Member States except Malta and Sweden (both +0.1%). The largest decreases were observed in the Netherlands (-3.0%), Denmark and Greece (both -2.4%), Belgium and Estonia (both -2.0%).
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