Industrial producer prices remained stable in August, compared with July 2013, in the euro area (EA17) and increased by 0.1 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union.
In July prices rose by 0.2 percent in the euro area and by 0.4 percent in the EU28.
Year-over-year, industrial producer prices fell by 0.8 percent in the euro area and by 0.3 percent in the EU28 in August.
Compared with July 2013, August prices in total industry excluding the energy sector rose by 0.1 percent in both the euro area and the EU28. Prices in the energy sector increased by 0.2 percent in the euro area and by 0.3 percent in the EU28. In both zones, non-durable consumer goods rose by 0.2 percent, capital goods and durable consumer goods remained stable and intermediate goods fell by 0.1 percent.
Among the member states for which data are available, the highest increases were recorded in Estonia (+1.7 percent), Denmark (+1.1 percent), Ireland (+1 percent), Hungary and Finland (both +0.6 percent), and the largest decreases in Belgium (-1.4 percent), Romania (-0.6 percent), Lithuania and Poland (both -0.2 percent).
Compared with August 2012, August prices in total industry excluding the energy sector increased by 0.3 percent in the euro area and by 0.5 percent in the EU28. Prices in the energy sector decreased by 3.3 percent and 2.6 percent respectively.
Intermediate goods fell by 1 percent in the euro area and by 0.8 percent in the EU28. Durable consumer goods gained 0.6 percent and 0.4 percent respectively. In both zones, capital goods increased by 0.6 percent. Non-durable consumer goods rose by 2.0 percent in the euro area and by 2.1 percent in the EU28.
Among the member states for which data are available, the highest increases in the total index were observed in Estonia (+9.7 percent), Denmark (+3.2 percent), Ireland (+3 percent) and the United Kingdom (+2.5 percent), and the largest decreases in Bulgaria (-2.9 percent), Cyprus (-2.7 percent), Lithuania (-2.5 percent) and Italy (-2.3 percent).
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