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04.02.2019, 10:10

Industrial producer prices down by 0.8% in both euro area and EU28

According to estimates from Eurostat, in December 2018, compared with November 2018, industrial producer prices fell by 0.8% in both the euro area (EA19) and the EU28. In November 2018, prices decreased by 0.3% in the euro area and by 0.5% in the EU28. In December 2018, compared with December 2017, industrial producer prices rose by 3.0% in the euro area and by 3.1% in the EU28.

Average industrial producer prices for the year 2018, compared with 2017, increased by 3.2% in the euro area and by 3.6% in the EU28.

Industrial producer prices in the euro area in December 2018, compared with November 2018, fell by 2.6% in the energy sector and by 0.4% for intermediate goods, while prices remained stable for non-durable consumer goods and increased by 0.1% for capital goods and by 0.2% for durable consumer goods. Prices in total industry excluding energy fell by 0.1%.

In the EU28, industrial producer prices fell by 3.3% in the energy sector and by 0.3% for intermediate goods, while prices remained stable for capital goods and rose by 0.1% for both durable and non-durable consumer goods. Prices in total industry excluding energy fell by 0.1%.

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