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- Eurozone industrial producer prices rose more than forecast in November
Eurozone industrial producer prices rose more than forecast in November
According to estimates from Eurostat, in November 2019, compared with October 2019, industrial producer prices rose by 0.2% in the euro area (EA19) and by 0.1% in the EU28. Economists had expected a 0.1% increase in the euro area. In October 2019, prices remained stable in both euro area and EU28.
In November 2019, compared with November 2018, industrial producer prices decreased by 1.4% in the euro area and by 1.0% in the EU28. Economists had expected a 1.5% decrease in the euro area.
Industrial producer prices in the euro area in November 2019, compared with October 2019, rose by 0.9% in the energy sector and by 0.2% for non-durable consumer goods, while prices remained stable for capital goods and for durable consumer goods and decreased by 0.3% for intermediate goods. Prices in total industry excluding energy remained stable.
In the EU28, industrial producer prices rose by 0.5% in the energy sector and by 0.2% for non-durable consumer goods, while prices remained stable for capital goods and for durable consumer goods and decreased by 0.4% for intermediate goods. Prices in total industry excluding energy decreased by 0.1%.
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