03/05/2016 Press Release
In March 2016, compared with February 2016, industrial producer prices rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2016 prices fell by 0.7% in the euro area and by 0.6% in the EU28.
In March 2016, compared with March 2015, industrial producer prices decreased by 4.2% in the euro area and by 4.1% in the EU28.
Monthly comparison by main industrial grouping and by Member State
The 0.3% increase in industrial producer prices in total industry in the euro area in March 2016, compared with February 2016, is due to rises of 1.2% in the energy sector and of 0.2% for durable consumer goods. Prices remained stable for capital goods, while they fell by 0.1% for both intermediate goods and non-durable consumer goods. Prices in total industry excluding energy decreased by 0.1%. In the EU28, the 0.4% increase is due to rises of 1.9% in the energy sector and of 0.2% for durable consumer goods.
Prices remained stable for capital goods, while they fell by 0.1% for both intermediate goods and nondurable consumer goods. Prices in total industry excluding energy remained stable. The highest increases in industrial producer prices were observed in Greece (+1.8%), Estonia (+1.6%), Belgium (+1.4%) and the United Kingdom (+1.2%), and the largest decreases in Cyprus (-1.6%), Lithuania and Slovakia (both -0.7%).
Annual comparison by main industrial grouping and by Member State
The 4.2% decrease in industrial producer prices in total industry in the euro area in March 2016, compared with March 2015, is due to price falls of 12.1% in the energy sector, of 2.6% for intermediate goods and of 0.8% for nondurable consumer goods, while prices rose by 0.3% for capital goods and by 0.8% for durable consumer goods. Prices in total industry excluding energy fell by 1.1%. In the EU28, the 4.1% price decrease is due to falls of 13.0% in the energy sector, of 2.4% for intermediate goods and of 0.7% for non-durable consumer goods, while prices rose by 0.6% for capital goods and by 0.9% for durable consumer goods. Prices in total industry excluding energy fell by 0.9%. Industrial producer prices fell in all Member States, with the largest decreases observed in the Netherlands (-10.9%), Greece (-9.0%), Belgium and Lithuania (both -6.3%), Slovakia (-6.2%) and Ireland (-5.8%).
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page source http://ec.europa.eu/eurostat
Issued by: Eurostat Press Office Tim ALLEN Tel: +352-4301-33 444
eurostat-pressoffice@ec.europa.eu
