European Industrial Producer Prices Up 0.7% in December - Modern Distribution Management

Log In

European Industrial Producer Prices Up 0.7% in December

Prices also increased by 0.9 percent in the EU28.
Author
Date

In December 2016, compared with November 2016, industrial producer prices rose by 0.7 percent in the euro area (EA19) and by 0.9 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November 2016 prices increased by 0.3 percent in the euro area and by 0.2 percent in the EU28.

In December 2016, compared with December 2015, industrial producer prices rose by 1.6 percent in the euro area and by 2.4 percent in the EU28.

The average industrial producer price for the year 2016, compared with 2015, decreased by 2.3 percent in the euro area and by 1.9 percent in the EU28.

 The 0.7 percent 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 percent in the energy sector, of 0.4 percent for both intermediate goods and non-durable consumer goods and of 0.1 percent for capital goods, while prices remained stable for durable consumer goods. Prices in total industry excluding energy rose by 0.3 percent.

In the EU28, the 0.9 percent increase is due to rises of 2.7 percent in the energy sector, of 0.4 percent for intermediate goods, of 0.3 percent for non-durable consumer goods and of 0.1 percent for both capital goods and durable consumer goods. Prices in total industry excluding energy rose by 0.3 percent.

The highest increases in industrial producer prices were registered in Greece (+2.7 percent), the Netherlands (+2.1 percent), Croatia (+1.8 percent), Belgium and Portugal (both +1.7 percent), while decreases were observed in Estonia (-0.6 percent), Ireland (-0.5 percent) and Denmark (-0.2 percent).

The 1.6 percent increase in industrial producer prices in total industry in the euro area in December 2016, compared with December 2015, is due to rises of 3.9 percent in the energy sector, of 1.2 percent for non-durable consumer goods, of 0.8 percent for both intermediate goods and durable consumer goods and of 0.6 percent for capital goods. Prices in total industry excluding energy rose by 0.9 percent.

In the EU28, the 2.4 percent price increase is due to rises of 7.2 percent in the energy sector, of 1.3 percent for non-durable consumer goods, of 1 percent for both intermediate goods and capital goods and of 0.9 percent for durable consumer goods. Prices in total industry excluding energy rose by 1.1 percent.

The largest increases in industrial producer prices were registered in Belgium (+8 percent), the United Kingdom (+7.2 percent) and the Netherlands (+5.5 percent), while decreases were observed in Luxembourg (-6.1 percent), Slovakia (-1.8 percent), Latvia (-1.5 percent), the Czech Republic and Slovenia (both -0.3 percent).

For more detail, download the PDF below.

Click Here


Share this article

About the Author
Recommended Reading
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.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

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

Subscribe to continue reading

MDM Premium Subscribers 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

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.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.