(Source: Eurostat) – In December 2016, compared with November 2016, industrial producer prices rose by 0.7% in the euro area (EA19) and by 0.9% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November 2016 prices increased by 0.3% in the euro area and by 0.2% in the EU28.
In December 2016, compared with December 2015, industrial producer prices rose by 1.6% in the euro area and by 2.4% in the EU28. The average industrial producer price for the year 2016, compared with 2015, decreased by 2.3% in the euro area and by 1.9% in the EU28.
Enclosed the graphic table contained in the press release:
Monthly comparison by main industrial grouping and by Member State
The 0.7% increase in industrial producer prices in total industry in the euro area in December 2016, compared with November 2016, is due to rises of 2.1% in the energy sector, of 0.4% for both intermediate goods and non-durable consumer goods and of 0.1% for capital goods, while prices remained stable for durable consumer goods. Prices in total industry excluding energy rose by 0.3%.
In the EU28, the 0.9% increase is due to rises of 2.7% in the energy sector, of 0.4% for intermediate goods, of 0.3% for non-durable consumer goods and of 0.1% for both capital goods and durable consumer goods. Prices in total industry excluding energy rose by 0.3%. The highest increases in industrial producer prices were registered in Greece (+2.7%), the Netherlands (+2.1%), Croatia (+1.8%), Belgium and Portugal (both +1.7%), while decreases were observed in Estonia (-0.6%), Ireland (-0.5%) and Denmark (-0.2%).
Enclosed is the document contained in the press release:
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