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

November 2017: Industrial producer prices up by 0.6% in both euro area and EU28

In November 2017, compared with October 2017, industrial producer prices rose by 0.6% in both the euro area (EA19) and the EU28.

In October 2017, prices increased by 0.4% in both zones.

In November 2017, compared with November 2016, industrial producer prices rose by 2.8% in the euro area and by 3.1% in the EU28.

 

 

Monthly comparison – industrial producer prices November 2017, compared with October 2017

  • 0.6% increase in the euro area due to rises of 2.3% in the energy sector, of 0.2% for intermediate goods and of 0.1% for capital goods, while prices remained stable for durable consumer goods and fell by 0.2% for non-durable consumer goods. Prices in total industry excluding energy remained stable.
  • In the EU28, 0.6% increase due to rises of 2.5% in the energy sector, of 0.2% for intermediate goods and of 0.1% for both capital goods and durable consumer goods, while prices fell by 0.2% for non-durable consumer goods. Prices in total industry excluding energy remained stable.
  • Highest increases: the Netherlands (+1.9%), Denmark (+1.8%), Belgium (+1.7%) and France (+1.4%)
  • Decreases: Cyprus (-0.5%), Ireland (-0.3%) and the Czech Republic (-0.1%).

 

Annual comparison – industrial producer prices November 2017, compared with November 2016

  • 2.8% increase in the euro area due to rises of 4.9% in the energy sector, of 3.2% for intermediate goods, of 1.7% for non-durable consumer goods, of 1.0% for capital goods and of 0.7% for durable consumer goods. Prices in total industry excluding energy rose by 2.1%.
  • In the EU28, 3.1% price increase due to rises of 5.9% in the energy sector, of 3.4% for intermediate goods, of 1.9% for non-durable consumer goods and of 1.0% for both capital goods and durable consumer goods. Prices in total industry excluding energy rose by 2.2%.
  • Industrial producer prices rose in all Member States.
  • Largest increases: Belgium (+7.1%), Bulgaria (+5.8%), the United Kingdom (+5.1%), Hungary (+4.7%) and the Netherlands (+4.6%).

 

Further information:

Industrial producer prices November 2017

 

Source: Eurostat, http://ec.europa.eu/eurostat

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Posted in General Market News, Market Trends & Statistics

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