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%.