EUROSTAT European Union Statistical Office : Industrial producer prices up by 0.3% in both euro area and EU28

2/2017 - 5 January 2017

November 2016 compared with October 2016

Industrial producer prices up by 0.3% in both euro area and EU28

In November 2016, compared with October 2016, industrial producer prices rose by 0.3% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2016 prices increased by 0.8% in the euro area and by 1.0% in the EU28.

Euro area total industry EU28 total industry Euro area total industry excl. energy EU28 total industry excl. energy

In November 2016, compared with November 2015, industrial producer prices rose by 0.1% in the euro area and by 0.7% in the EU28.

Industrial producer prices on the domestic market

110

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2010=100

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Monthly comparison by main industrial grouping and by Member State

The 0.3% increase in industrial producer prices in total industry in the euro area in November 2016, compared with October 2016, is due to rises of 0.7% in the energy sector, of 0.5% for intermediate goods and of 0.1% for non- durable consumer goods, while prices remained stable for capital goods and fell by 0.1% for durable consumer goods. Prices in total industry excluding energy rose by 0.2%.

In the EU28, the 0.3% increase is due to rises of 0.4% for intermediate goods and of 0.2% for both the energy sector and for non-durable consumer goods, while prices remained stable for capital goods and fell by 0.1% for durable consumer goods. Prices in total industry excluding energy also rose by 0.3%.

The highest increases in industrial producer prices were observed in Belgium and Ireland (both +1.4%), Estonia (+1.2%) and Poland (+1.1%), and the largest decreases in Croatia (-1.3%), Greece and the United Kingdom (both -0.7%).

Annual comparison by main industrial grouping and by Member State

The 0.1% increase in industrial producer prices in total industry in the euro area in November 2016, compared with November 2015, is due to rises of 0.8% for durable consumer goods, of 0.7% for non-durable consumer goods, of 0.5% for capital goods and of 0.1% for intermediate goods, while prices decreased by 0.5% in the energy sector. Prices in total industry excluding energy rose by 0.4%.

In the EU28, the 0.7% price increase is due to rises of 1.5% in the energy sector, of 0.9% for capital goods, for durable and non-durable consumer goods and of 0.3% for intermediate goods. Prices in total industry excluding energy also rose by 0.7%.

The highest increases in industrial producer prices were observed in the United Kingdom (+4.4%), Belgium (+4.1%) and Sweden (+3.2%), and the largest decreases in Luxembourg (-6.5%), Croatia (-2.7%), Latvia and Slovakia (both -2.6%).

Geographical information

The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU28) includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.

Methods and definitions

The index of producer prices shows (in the national currency of the country concerned) changes in the ex-works sale prices of all products sold on the domestic market, excluding imports. Euro area and EU indices refer to overall weighted price changes. The figures are not calendar day or seasonally adjusted.

Total industry covers NACE rev.2 sections B to D + E36.

Revisions and timetable

Compared with data issued in the News Release 241/2016 of 2 December 2016, the monthly percentage changes for October 2016 remain unchanged at +0.8% in the euro area and at +1.0% in the EU28. The annual percentage changes remain unchanged at -0.4% in the euro area and at +0.2% in the EU28.

For more information

Eurostat database section on short-term business statistics Eurostat Statistics Explained article on the index of producer prices

The weights of the Member States in the EU and euro area aggregates (see file EU-28_EA-19_NEWS_RELEASE_WEIGHTINGS_2010)

Eurostat €-indicators release calendar

Issued by: Eurostat Press Office

Vincent BOURGEAIS Tel: [phone]

[e-mail]

ec.europa.eu/eurostat/

For further information on data:

Liselott ÖHMAN Tel: [phone]

[e-mail]

@EU_Eurostat

Media requests: Eurostat media support / Tel: [phone] / [e-mail]

% change compared with previous month

Jun-16	Jul-16	Aug-16	Sep-16	Oct-16	Nov-16
EA19
Total industry	0.7	0.4	-0.2	0.1	0.8	0.3
Total industry excluding energy	0.2	0.2	0.0	0.1	0.1	0.2
Intermediate goods	0.3	0.2	-0.1	0.0	0.1	0.5
Energy	2.5	0.6	-0.7	0.3	2.6	0.7
Capital goods	0.1	0.0	0.0	0.0	0.1	0.0
Durable consumer goods	0.1	0.1	0.0	0.0	0.1	-0.1
Non-durable consumer goods	0.2	0.3	0.1	0.2	0.3	0.1
EU28
Total industry	0.8	0.3	-0.1	0.1	1.0	0.3
Total industry excluding energy	0.2	0.3	0.0	0.1	0.1	0.3
Intermediate goods	0.3	0.2	-0.1	0.0	0.2	0.4
Energy	2.8	0.3	-0.6	0.6	3.6	0.2
Capital goods	0.2	0.2	0.0	0.0	0.2	0.0
Durable consumer goods	0.0	0.1	0.0	0.1	0.1	-0.1
Non-durable consumer goods	0.1	0.3	0.2	0.2	0.3	0.2

The source dataset is available here.

Total industry	Jun-16	Jul-16	Aug-16	Sep-16	Oct-16	Nov-16
EA19	0.7	0.4	-0.2	0.1	0.8	0.3
EU28	0.8	0.3	-0.1	0.1	1.0	0.3
Belgium	1.5	0.2	-0.4	1.5	2.5	1.4
Bulgaria	0.4	-0.1	-0.2	0.3	0.5	0.2
Czech Republic	0.3	0.0	-0.2	0.3	0.5	0.1
Denmark	2.5	-1.3	-0.1	0.3	1.7	1.0
Germany	0.5	0.2	-0.1	-0.2	0.7	0.3
Estonia	1.6	-2.3	0.0	0.6	2.6	1.2
Ireland	1.1	0.1	-1.1	-0.1	0.4	1.4
Greece	0.5	-1.0	-0.2	0.4	1.5	-0.7
Spain	1.9	0.0	-0.2	0.3	1.5	0.2
France	0.4	0.1	0.0	0.3	0.9	0.8
Croatia	1.2	-0.7	-1.4	1.5	1.1	-1.3
Italy	0.5	1.6	-0.2	-0.1	-0.1	-0.2
Cyprus	-0.2	2.6	0.2	0.2	0.0	-0.2
Latvia	0.1	0.0	0.6	0.2	-0.8	0.2
Lithuania	1.0	-0.6	-0.8	0.0	1.0	0.5
Luxembourg	0.4	-3.9	0.0	-0.3	-0.1	0.1
Hungary	1.2	0.0	-1.0	0.3	1.0	0.7
Malta	0.1	0.0	0.0	-0.1	0.0	0.1
Netherlands	2.4	-0.1	-1.9	1.2	2.8	0.8
Austria	0.5	0.0	0.1	0.0	0.6	0.2
Poland	0.4	-0.2	0.0	0.4	0.7	1.1
Portugal	1.6	0.2	-0.5	0.0	0.9	-0.3
Romania	0.6	-0.3	-0.4	0.3	1.0	-0.1
Slovenia	0.1	0.0	0.0	0.1	-0.2	0.0
Slovakia	0.4	0.1	-0.5	0.3	0.4	0.5
Finland	0.4	-0.2	0.1	0.2	1.0	0.6
Sweden	1.0	0.0	0.4	-0.1	2.0	0.9
United Kingdom	1.1	0.4	0.1	0.6	2.2	-0.7
Norway	2.0	-1.3	-1.1	-0.7	1.9	1.5
Switzerland	0.2	-0.1	-0.2	0.2	0.0	0.0

% change compared with same month of previous year

Jun-16	Jul-16	Aug-16	Sep-16	Oct-16	Nov-16
EA19
Total industry	-3.1	-2.6	-1.9	-1.5	-0.4	0.1
Total industry excluding energy	-1.0	-0.9	-0.6	-0.3	0.0	0.4
Intermediate goods	-2.5	-2.2	-1.8	-1.4	-0.8	0.1
Energy	-8.7	-7.5	-5.7	-4.5	-1.5	-0.5
Capital goods	0.5	0.5	0.5	0.4	0.5	0.5
Durable consumer goods	0.9	0.9	0.9	0.9	1.0	0.8
Non-durable consumer goods	-0.5	-0.2	-0.1	0.0	0.5	0.7
EU28
Total industry	-2.9	-2.3	-1.4	-1.1	0.2	0.7
Total industry excluding energy	-0.9	-0.6	-0.4	-0.1	0.2	0.7
Intermediate goods	-2.2	-1.9	-1.5	-1.1	-0.5	0.3
Energy	-8.7	-7.2	-4.6	-3.3	0.6	1.5
Capital goods	0.7	0.9	0.9	0.8	0.9	0.9
Durable consumer goods	0.9	0.9	0.9	0.9	1.0	0.9
Non-durable consumer goods	-0.5	-0.2	0.0	0.2	0.6	0.9

The source dataset is available here.

Total industry	Jun-16	Jul-16	Aug-16	Sep-16	Oct-16	Nov-16
EA19	-3.1	-2.6	-1.9	-1.5	-0.4	0.1
EU28	-2.9	-2.3	-1.4	-1.1	0.2	0.7
Belgium	-3.4	-2.2	-1.5	-0.6	2.2	4.1
Bulgaria	-4.2	-3.8	-2.7	-2.4	-1.4	-0.6
Czech Republic	-4.4	-3.9	-3.4	-2.4	-1.7	-1.3
Denmark	-1.0	0.4	-1.4	-0.7	0.5	2.4
Germany	-2.1	-1.9	-1.6	-1.4	-0.4	0.1
Estonia	-2.5	-3.3	-3.9	-2.5	-0.4	1.8
Ireland	-2.8	-4.0	-4.1	-2.3	-0.8	0.5
Greece	-7.3	-7.0	-4.1	-3.2	-1.3	-2.1
Spain	-4.5	-4.6	-3.1	-2.0	0.3	0.6
France	-3.1	-2.9	-1.8	-1.5	-0.8	-0.2
Croatia	-4.8	-5.0	-5.0	-3.0	-2.0	-2.7
Italy	-3.4	-1.4	-1.0	-0.8	-0.6	-0.3
Cyprus	-4.8	-3.2	-3.0	-2.1	-2.0	-0.3
Latvia	-4.4	-4.0	-2.9	-2.3	-2.6	-2.6
Lithuania	-3.4	-3.9	-3.1	-2.0	-0.3	0.2
Luxembourg	-4.7	-7.7	-7.2	-7.4	-7.2	-6.5
Hungary	-4.1	-3.6	-3.3	-2.8	-1.2	-0.5
Malta	0.9	0.9	1.0	0.4	0.4	0.2
Netherlands	-6.4	-6.0	-5.8	-4.0	-0.2	1.1
Austria	-3.0	-2.8	-2.3	-2.0	-1.0	-0.5
Poland	-0.9	-0.8	0.1	0.7	1.3	2.4
Portugal	-2.4	-2.4	-2.0	-1.0	0.5	0.8
Romania	-2.7	-2.5	-2.3	-1.8	-0.7	-0.8
Slovenia	-1.7	-1.7	-1.5	-1.0	-1.2	-0.8
Slovakia	-4.6	-4.7	-4.9	-3.3	-2.9	-2.6
Finland	-2.4	-2.8	-1.9	-1.0	0.1	0.8
Sweden	-0.5	0.1	0.7	0.7	2.0	3.2
United Kingdom	-2.0	-0.9	1.4	1.9	4.5	4.4
Norway	1.3	1.5	2.0	1.1	1.4	1.8
Switzerland	-1.4	-1.2	-1.1	-0.6	-0.5	-0.9