Bruxelles – In February 2017, compared with January 2017, industrial producer prices remained stable in the euro area (EA19), while they rose by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 2017 prices increased by 1.1% in both zones. In February 2017, compared with February 2016, industrial producer prices rose by 4.5% in the euro area and by 5.3% in the EU28.
Monthly comparison by main industrial grouping and by Member State
Industrial producer prices in total industry remained stable in the euro area in February 2017, compared with January 2017, due to rises of 0.6% for intermediate goods, of 0.2% for non-durable consumer goods and of 0.1% for both capital goods and durable consumer goods, while prices fell by 1.1% in the energy sector. Prices in total industry excluding energy rose by 0.3%. In the EU28, the 0.1% increase is due to rises of 0.6% for intermediate goods, of 0.2% for non-durable consumer goods and of 0.1% for both capital goods and durable consumer goods, while prices fell by 0.7% in the energy sector. Prices in total industry excluding energy rose by 0.3%. The highest increases in industrial producer prices were observed in Greece (+1.3%), Ireland (+0.8%) and Denmark (+0.7%), and the largest decreases in Portugal (-1.5%), Spain (-1.4%) and Luxembourg (-0.6%).
Annual comparison by main industrial grouping and by Member State
The 4.5% increase in industrial producer prices in total industry in the euro area in February 2017, compared with February 2016, is due to rises of 11.4% in the energy sector, of 3.3% for intermediate goods, of 1.9% for non-durable consumer goods, of 0.8% for capital goods and of 0.7% for durable consumer goods. Prices in total industry excluding energy rose by 2.1%.
In the EU28, the 5.3% price increase is due to rises of 15.7% in the energy sector, of 3.3% for intermediate goods, of 2.0% for non-durable consumer goods, of 1.1% for capital goods and of 0.9% for durable consumer goods. Prices in total industry excluding energy rose by 2.3%. The largest increases in industrial producer prices were recorded in Belgium (+14.8%), the Netherlands (+11.0%) and the United Kingdom (+10.3%), while a decrease was observed in Luxembourg (-3.1%).
