CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

Industrial producer prices up by 0.8% in euro area

In May 2018, compared with April 2018, industrial producer prices rose by 0.8% in the euro area (EA19) and by 1.0% in the EU28.

In April 2018, prices remained unchanged in the euro area and increased by 0.1% in EU28. In May 2018, compared with May 2017, industrial producer prices rose by 3.0% in the euro area and by 3.6% in the EU28.

 

 

Monthly comparison – industrial producer prices May 2018, compared with April 2018

  • 0.8% increase in total industry in the euro area due to rises of 2.6% in the energy sector, of 0.3% for intermediate goods and of 0.1% for durable consumer goods,
  • while prices remained stable for capital goods and for non-durable consumer goods.
  • Prices in total industry excluding energy rose by 0.2%.
  • In the EU28, 1.0% increase due to rises of 3.4% in the energy sector, of 0.3% for intermediate goods and durable consumer goods and of 0.1% for capital goods, while prices remained stable for non-durable consumer goods. Prices in total industry excluding energy rose by 0.2%.
  • Highest increases: Greece (+2.4%), Portugal (+1.9%), Cyprus and Hungary (both +1.8%),
  • Decreases in Ireland (-0.5%) and Latvia (-0.3%).

 

Annual comparison – industrial producer prices in total industry in the euro area in May 2018, compared with May 2017

  • 3.0% increase in the euro area due to rises of 7.6% in the energy sector, of 2.4% for intermediate goods, of 1.1% for durable consumer goods, of 0.9% for capital goods and of 0.3% for non-durable consumer goods.
  • Prices in total industry excluding energy rose by 1.4%.
  • In the EU28, 3.6% price increase due to rises of 10.8% in the energy sector, of 2.7% for intermediate goods, of 1.3% for durable consumer goods, of 1.0% for capital goods and of 0.5% for non-durable consumer goods.
  • Prices in total industry excluding energy rose by 1.6%.
    Highest increases: United Kingdom (+6.7%), Belgium (+6.5%), Estonia, Greece and Hungary (all +5.5%)
  • Decreases: Ireland (-2.7%) and Luxembourg (-0.5%).

 

Further information:

Industrial producer prices May 2018

 

Source: Eurostat, http://ec.europa.eu/eurostat/news/news-releases

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