3 Feb 2015
European industrial producer prices fall by 1 percent
FXStreet (London) - In December 2014, compared with November 2014, industrial producer prices fell by 1.0 percent in both the Eurozone and the 28-member European Union, according to estimates from Eurostat, the statistical office of the European Union.
In November prices decreased by 0.3 percent in in the Eurozone and by 0.4 percent in the EU. In December 2014, compared with December 2013, industrial producer prices fell by 2.7 percent in the Eurozone and by 3.1 percent in the EU. The average industrial producer prices for the year 2014, compared with 2013, decreased by 1.5 percent in both the Eurozone and the EU.
The 1.0 percent decrease in industrial producer prices in total industry in the Eurozone in December 2014, compared with November 2014, is due to falls of 3.1 percent in the energy sector, of 0.5 percent for intermediate goods and of 0.1 percent for non-durable consumer goods, while prices remained stable for capital goods, and increased by 0.1 percent for durable consumer goods.
Prices in total industry excluding energy decreased by 0.2 percent. In the EU, the 1.0 percent decrease is due to falls of 3.7 percent in the energy sector, of 0.4 percent for intermediate goods and of 0.1 percent for non-durable consumer goods, while prices rose by 0.1 percent for both capital goods and durable consumer goods. Prices in total industry excluding energy fell by 0.2 percent.
In November prices decreased by 0.3 percent in in the Eurozone and by 0.4 percent in the EU. In December 2014, compared with December 2013, industrial producer prices fell by 2.7 percent in the Eurozone and by 3.1 percent in the EU. The average industrial producer prices for the year 2014, compared with 2013, decreased by 1.5 percent in both the Eurozone and the EU.
The 1.0 percent decrease in industrial producer prices in total industry in the Eurozone in December 2014, compared with November 2014, is due to falls of 3.1 percent in the energy sector, of 0.5 percent for intermediate goods and of 0.1 percent for non-durable consumer goods, while prices remained stable for capital goods, and increased by 0.1 percent for durable consumer goods.
Prices in total industry excluding energy decreased by 0.2 percent. In the EU, the 1.0 percent decrease is due to falls of 3.7 percent in the energy sector, of 0.4 percent for intermediate goods and of 0.1 percent for non-durable consumer goods, while prices rose by 0.1 percent for both capital goods and durable consumer goods. Prices in total industry excluding energy fell by 0.2 percent.