The 2020 Mid-Year Economic Update_long

European Industrial Producer Price Index: January 2014

Industrial producer price index drops 0.3% in euro area, 0.4% in EU28 in January.

In January 2014, compared with December 2013, industrial producer prices fell by 0.3 percent in the euro area (EA18) and by 0.4 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December, prices increased by 0.2 percent in both zones.

The 0.3 percent decrease in industrial producer prices in total industry in the euro area in January 2014, compared with December 2013, is due to falls of 1.4 percent in the energy sector and of 0.1 percent for non-durable consumer goods, while prices increased by 0.1 percent for intermediate goods, by 0.2 percent for capital goods and by 0.4 percent for durable consumer goods. Prices in total industry excluding energy rose by 0.1 percent.

In the EU28, the 0.4 percent decrease is due to the fall of 1.7 percent in the energy sector, while prices remained stable for non-durable consumer goods. Prices rose by 0.2 percent for intermediate goods and by 0.3 percent for both capital goods and durable consumer goods. Prices in total industry excluding energy increased by 0.2 percent.

The largest decreases in industrial producer prices were observed in the Czech Republic and Spain (both down 1.3 percent), Lithuania (down 0.8 percent), France and Slovakia (both down 0.6 percent) and the United Kingdom (down 0.5 percent), and the highest increases in Estonia (up 1.1 percent) and Latvia (up 1 percent).

The 1.4 percent decrease in industrial producer prices in total industry in the euro area in January 2014, compared with January 2013, is due to falls of 3.8 percent in the energy sector and of 1.7 percent for intermediate goods, while prices rose by 0.5 percent for capital goods, by 0.6 percent for non-durable consumer goods and by 0.8 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.4 percent.

In the EU28, the 1.2 percent decrease is due to falls of 3.6 percent in the energy sector and of 1.5 percent for intermediate goods, while prices rose by 0.7 percent for both capital goods and durable consumer goods and by 0.8 percent for non-durable consumer goods. Prices in total industry excluding energy decreased by 0.2 percent.

The largest decreases in industrial producer prices were observed in Cyprus (down 4.8 percent), Belgium (down 3.9 percent), Lithuania (down 3.7 percent) and Slovakia (down 2.7 percent). The only increases were observed in Ireland (up 2.1 percent), Latvia (up 0.5 percent), Estonia (up 0.3 percent) and Sweden (up 0.1 percent), while prices remained stable in Malta and the United Kingdom.

Download the PDF below for more details.

Click Here

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.