Industrial producer prices fell by 0.4% in the euro area in October 2014 compared with September 2014, says Eurostat, the statistical office of the EU. In September prices rose by 0.2% in the euro area and by 0.1% in the EU28.
In October 2014, compared with October 2013, industrial producer prices decreased by 1.3% in the euro area and by 1.5% in the EU28.
Monthly comparisons of Member States
The 0.4% decrease in industrial producer prices in total industry in the euro area in October 2014, compared with September 2014, is due to falls of 0.9% in the energy sector, of 0.6% for non-durable consumer goods and of 0.1% for intermediate goods, while prices rose by 0.1% for both capital goods and durable consumer goods. Prices in total industry excluding energy decreased by 0.2%. In the EU28, the 0.5% decrease is due to falls of 1.6% in the energy sector, of 0.5% for non-durable consumer goods and of 0.1% for intermediate goods, while prices remained stable for capital goods, and increased by 0.1% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
Industrial producer prices fell in nearly all Member States, with the largest decreases observed in Denmark (-2.3%), Estonia, Greece and the United Kingdom (all -1.4%) and the
Netherlands (-1.2%), and the only increases in Bulgaria (+1.3%), Belgium (+0.5%) and Sweden (+0.3%), while prices remained stable in Cyprus, Malta and Slovenia.
Annual comparisons of Member States
The 1.3% decrease in industrial producer prices in total industry in the euro area in October 2014, compared with October 2013, is due to falls of 3.9% in the energy sector, of 0.8% for non-durable consumer goods and of 0.4% for intermediate goods, while prices rose by 0.6% for capital goods and by 1.0% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%. In the EU28, the 1.5% decrease is due to falls of 5.4% in the energy sector, of 0.9% for non-durable consumer goods and of 0.3% for intermediate goods, while prices rose by 0.7% for capital goods and by 0.8% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%.
Industrial producer prices fell in nearly all Member States, with the largest decreases observed in Lithuania (-5.2%), Denmark (-4.5%), Slovakia (-4.0%), Estonia (-3.6%) and the United Kingdom (-3.5%). The only increases were recorded in Bulgaria (+0.8%), Romania (+0.5%) and Sweden (+0.1%).