According to a report released by Eurostat, the Statistical Office of the European Communities, in June this year industrial producer prices remained stable both in the euro area and in the European Union member states (EU-27), month on month. In May of this year, prices had decreased by 0.3 percent in both zones as compared to the previous month. In June, compared to June 2012 industrial producer prices rose by 0.3 percent in the euro area and were up by 0.6 percent in the EU-27.
In June this year compared with the previous month, prices in overall industry excluding the energy sector remained stable in both the euro area and the EU-27, while prices in both the energy sector and for capital goods remained stable in the euro area and rose by 0.1 percent in the EU-27. In both zones, intermediate goods fell by 0.2 percent in June, durable consumer goods remained stable and non-durable consumer goods increased by 0.3 percent.
Among the member states for which data are available, the largest month-on-month decreases were recorded in Lithuania (-0.8 percent), in the Netherlands (-0.4 percent), and in Latvia, Austria and the United Kingdom (all -0.3 percent), while the highest increases were recorded in Estonia (6.7 percent), Denmark (0.5 percent), and Italy and Malta (both 0.4 percent).
In June 2013 as compared to June 2012, prices in overall industry excluding the energy sector increased by 0.6 percent in the euro area and by 0.7 percent in the EU-27, while prices in the energy sector fell 0.6 percent in the euro area and remained stable in the EU-27. Non-durable consumer goods increased by 2.3 percent and 2.4 percent respectively. Durable consumer goods rose by 0.7 percent in the euro area and 0.5 percent in the EU-27. In both zones, capital goods gained 0.6 percent while intermediate goods decreased by 0.4 percent, year on year.
Among member states for which data are available, the largest year-on-year increases in the overall index were observed in Estonia (14.2 percent), in Romania (4.9 percent) and in Denmark (3.6 percent), while the largest decreases were seen in Cyprus (-2.1 percent), in Poland (-1.3 percent) and in Sweden (-1.2 percent).
