August 2013 compared with July 2013: Industrial producer prices stable in eurozone, up by 0.1% in EU-28

In August 2013, compared with July 2013, the industrial producer prices1 remained stable in the eurozone and increased by 0.1% in the EU282, according to estimates from Eurostat, the statistical office of the European Union. In July3 prices rose by 0.2% in the eurozone and by 0.4% in the EU-28.

In August 2013 compared with August 2012, industrial producer prices fell by 0.8% in the eurozone and by 0.3% in the EU-28.

In August 2013, compared with July 2013, prices in total industry excluding the energy sector rose by 0.1% in both the eurozone and the EU-28. Prices in the energy sector increased by 0.2% in the eurozone and by 0.3% in the EU-28. In both zones, non-durable consumer goods rose by 0.2%, capital goods and durable consumer goods remained stable and intermediate goods fell by 0.1%.

Among the Member States for which data are available, the highest increases were recorded in Estonia (+1.7%), Denmark (+1.1%), Ireland (+1.0%), Hungary and Finland (both +0.6%), and the largest decreases in Belgium
(-1.4%), Romania (-0.6%), Lithuania and Poland (both -0.2%).

Annual comparison

In August 2013, compared with August 2012, prices in total industry excluding the energy sector increased by 0.3% in the eurozone and by 0.5% in the EU28. Prices in the energy sector decreased by 3.3% and 2.6% respectively. Intermediate goods fell by 1.0% in the eurozone and by 0.8% in the EU28. Durable consumer goods gained 0.6% and 0.4% respectively. In both zones, capital goods increased by 0.6%. Non-durable consumer goods rose by 2.0% in the eurozone and by 2.1% 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%), Denmark (+3.2%), Ireland (+3.0%) and the United Kingdom (+2.5%), and the largest decreases in Bulgaria (-2.9%), Cyprus (-2.7%), Lithuania (-2.5%) and Italy (-2.3%).

1. 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 markets of the various countries, excluding imports. Eurozone and EU indices refer to overall weighted price changes. The figures are not adjusted. Missing observations from member states for recent months are estimated for the calculation of the euro area and the EU.

The weights of the member states in the EU and eurozone aggregates can be found here.

More detailed data can be found in the short-term statistics database on the Eurostat website.

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