Compared with June, European industrial producer prices in July rose by 0.3 percent in the euro area (EA17) and by 0.4 percent in the EU28, according to estimates from Eurostat. In June, prices remained stable in both zones. Compared with July 2012, industrial producer prices in July rose by 0.2 percent in the euro area and by 0.7 percent in the EU28.
Compared to the prior month, prices in total industry excluding the energy sector remained stable in both the euro area and the EU28. Prices in the energy sector increased by 0.8 percent in the euro area and by 1.2 percent in the EU28. In both zones, non-durable consumer goods gained 0.2 percent, while capital goods remained stable.
Durable consumer goods fell by 0.1 percent in the euro area and remained stable in the EU28. In both zones, intermediate goods decreased by 0.2 percent.
Among the Member States for which data are available, the highest increases in the total index were recorded in the United Kingdom (up 1.9 percent), Greece (up 0.9 percent), the Netherlands (up 0.7 percent), Spain and Portugal (both up 0.5 percent), and the largest decreases in Estonia (down 5 percent), Slovakia (down 0.5 percent), Cyprus (down 0.4 percent) and Croatia (down 0.3 percent).
Year-over-year, July prices in total industry excluding the energy sector increased by 0.6 percent in the euro area and by 0.8 percent in the EU28. Non-durable consumer goods rose by 2.2 percent and 2.4 percent, respectively.
Durable consumer goods increased by 0.6 percent in the euro area and by 0.4 percent in the EU28. Capital goods gained 0.5 percent and 0.6 percent, respectively.
Prices in the energy sector fell by 0.6 percent in the euro area, but rose by 0.3 percent in the EU28. Intermediate goods decreased by 0.5 percent and 0.4 percent, respectively.
Among the Member States for which data are available, the highest increases in the total index were observed in Estonia (up 8.4 percent), Denmark (up 5.1 percent) and the United Kingdom (up 4.4 percent), and the largest decreases in Cyprus (down 2.3 percent), Bulgaria (down 1.8 percent) and Lithuania (down 1.4 percent).
