The European industrial producer price index in June remained stable in both the euro area (EA17) and the EU272 compared with May 2013, according to estimates from Eurostat. In May, prices fell by 0.3 percent in both zones. Compared with June 2012, industrial producer prices rose by 0.3 percent in the euro area and by 0.6 percent in the EU27.
Compared with the previous month, June prices in total industry excluding the energy sector remained stable in both the euro area and the EU27. In both zones, intermediate goods fell by 0.2 percent, durable consumer goods remained stable and non-durable consumer goods increased by 0.3 percent. Prices for both the energy sector and capital goods remained stable in the euro area and rose by 0.1 percent in the EU27.
Among the Member States for which data are available, prices remained stable in Germany, Spain, Cyprus, Romania, Slovenia and Finland. The highest increases in the total index were observed in Estonia (up 6.7 percent), Denmark (up 0.5 percent), Italy and Malta (both up 0.4 percent), and the largest decreases in Lithuania (down 0.8 percent), the Netherlands(down 0.4 percent), Latvia, Austria and the United Kingdom (all down 0.3 percent).
Compared with June 2012, prices in total industry in June 2013 excluding the energy sector increased by 0.6 percent in the euro area and by 0.7 percent in the EU27. Non-durable consumer goods rose by 2.3 percent and 2.4 percent, respectively. Durable consumer goods increased by 0.7 percent in the euro area and by 0.5 percent in the EU27. In both zones, capital goods gained 0.6 percent while intermediate goods decreased by 0.4 percent. Prices in the energy sector fell by 0.6 percent in the euro area and remained stable in the EU27.
Among the Member States for which data are available, the highest increases in the total index were observed in Estonia (up 14.2 percent), Romania (up 4.9 percent) and Denmark (up 3.6 percent), and the largest decreases in Cyprus (down 2.1 percent), Poland (down 1.3 percent) and Sweden (down 1.2 percent).
