EUROSTAT European Union Statistical Office : Industrial producer prices down by 0.2% in euro area

SEASONALLY ADJUSTED UNEMPLOYMENT RATES (%)

2/2016 - 6 January 2016

November 2015 compared with October 2015

Industrial producer prices down by 0.2% in euro area

Down by 0.3% in EU28

In November 2015, compared with October 2015, industrial producer prices fell by 0.2% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2015 prices decreased by 0.3% in both zones.

In November 2015, compared with November 2014, industrial producer prices fell by 3.2% in the euro area and by 3.5% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The 0.2% decrease in industrial producer prices in total industry in the euro area in November 2015, compared with October 2015, is due to price falls of 0.3% for both intermediate goods and the energy sector and of 0.2% for non- durable consumer goods, while prices remained stable for both capital goods and durable consumer goods. Prices in total industry excluding energy also fell by 0.2%.

In the EU28, the 0.3% decrease is due to price falls of 0.6% in the energy sector, of 0.3% for intermediate goods and of 0.1% for non-durable consumer goods, while prices remained stable for capital goods and increased by 0.1% for durable consumer goods. Prices in total industry excluding energy fell by 0.2%.

The largest decreases in industrial producer prices were observed in Cyprus (-1.6%), Estonia (-1.1%) and

Denmark (-0.9%), and the highest increases in Malta (+0.3%), Ireland, France, Latvia and Slovakia (all +0.2%).

Annual comparison by main industrial grouping and by Member State

The 3.2% decrease in industrial producer prices in total industry in the euro area in November 2015, compared with November 2014, is due to price falls of 9.4% in the energy sector, of 2.0% for intermediate goods and of 0.3% for non-durable consumer goods, while prices rose by 0.6% for capital goods and by 0.8% for durable consumer goods. Prices in total industry excluding energy fell by 0.7%.

In the EU28, the 3.5% price decrease is due to falls of 12.0% in the energy sector, of 1.9% for intermediate goods and of 0.2% for non-durable consumer goods, while prices rose by 0.7% for capital goods and by 0.9% for durable consumer goods. Prices in total industry excluding energy fell by 0.6%.

Industrial producer prices fell in all Member States, with the largest decreases observed in Lithuania (-9.0%), the

Netherlands (-8.1%), the United Kingdom (-7.0%), Greece (-6.6%) and Cyprus (-6.4%).

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 working 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 211/2015 of 2 December 2015, the monthly percentage change for October 2015 remains unchanged at -0.3% in the euro area and has been revised from -0.2% to -0.3% in the EU28. The annual percentage change has been revised from -3.1% to -3.2% in the euro area and from -3.5% to -3.6% in the EU28.

For more information

Eurostat's database section on short-term business statistics Eurostat's 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's €-indicators release calendar

Issued by: Eurostat Press Office Tim ALLEN

Tel: [phone]

[e-mail]

For further information on data:

Liselott ÖHMAN Tel: [phone]

[e-mail]

Media requests: Eurostat media support / Tel: [phone] / [e-mail] ec.europa.eu/eurostat/ @EU_Eurostat

% change compared with previous month

Jun-15	Jul-15	Aug-15	Sep-15	Oct-15	Nov-15
EA19
Total industry	0.0	-0.2	-0.8	-0.4	-0.3	-0.2
Total industry excluding energy	0.0	0.0	-0.2	-0.2	-0.2	-0.2
Intermediate goods	0.0	-0.1	-0.5	-0.5	-0.5	-0.3
Energy	0.0	-0.6	-2.7	-0.9	-0.5	-0.3
Capital goods	0.1	0.1	0.0	0.0	0.0	0.0
Durable consumer goods	0.1	0.1	0.0	-0.1	0.1	0.0
Non-durable consumer goods	0.0	0.1	0.0	0.1	-0.2	-0.2
EU28
Total industry	0.0	-0.3	-0.9	-0.3	-0.3	-0.3
Total industry excluding energy	0.0	0.0	-0.2	-0.2	-0.2	-0.2
Intermediate goods	0.0	-0.1	-0.4	-0.5	-0.4	-0.3
Energy	-0.2	-1.3	-3.4	-0.7	-0.4	-0.6
Capital goods	0.1	0.1	0.0	0.1	0.0	0.0
Durable consumer goods	0.1	0.1	0.0	0.0	0.1	0.1
Non-durable consumer goods	0.0	0.0	0.0	0.0	-0.1	-0.1

The source dataset is available here.

Total industry	Jun-15	Jul-15	Aug-15	Sep-15	Oct-15	Nov-15
EA19	0.0	-0.2	-0.8	-0.4	-0.3	-0.2
EU28	0.0	-0.3	-0.9	-0.3	-0.3	-0.3
Belgium	-0.4	-1.0	-1.2	0.5	-0.3	-0.4
Bulgaria	0.2	-0.5	-1.3	-0.1	-0.6	-0.6
Czech Republic	-0.2	-0.5	-0.8	-0.7	-0.2	-0.4
Denmark	-0.9	-2.6	1.7	-0.4	0.5	-0.9
Germany	-0.1	0.0	-0.4	-0.4	-0.4	-0.2
Estonia	0.6	-1.5	0.6	-0.9	0.4	-1.1
Ireland	0.2	1.3	-0.9	-2.0	-1.1	0.2
Greece	-0.4	-1.4	-3.2	-0.5	-0.5	0.1
Spain	0.9	0.1	-1.7	-0.9	-0.8	-0.2
France	0.2	-0.2	-1.0	0.0	0.1	0.2
Croatia	-0.4	-0.5	-1.4	-0.6	0.0	-0.6
Italy	-0.2	-0.5	-0.6	-0.3	-0.3	-0.6
Cyprus	-0.2	0.9	0.0	-0.8	0.0	-1.6
Latvia	0.1	-0.4	-0.5	-0.5	-0.5	0.2
Lithuania	-1.3	-0.2	-1.6	-1.1	-0.7	0.1
Luxembourg	-0.1	-0.7	-0.6	-0.1	-0.1	-0.1
Hungary	0.5	-0.6	-1.2	-0.2	-0.7	-0.1
Malta	0.0	0.0	-0.1	0.5	0.0	0.3
Netherlands	0.1	-0.5	-2.2	-0.6	-1.1	-0.7
Austria	-0.1	-0.2	-0.4	-0.3	-0.4	-0.3
Poland	0.4	-0.4	-0.8	-0.2	0.0	0.1
Portugal	-0.1	-0.4	-0.8	-1.0	-0.5	-0.2
Romania	0.1	-0.5	-0.6	-0.2	-0.1	0.0
Slovenia	0.0	0.0	-0.2	-0.4	0.0	-0.4
Slovakia	-0.9	0.2	-0.3	-1.3	0.0	0.2
Finland	-0.2	0.2	-0.8	-0.8	-0.1	-0.1
Sweden	-0.9	-0.6	-0.2	-0.1	0.7	-0.2
United Kingdom	-0.4	-0.8	-2.1	0.1	-0.2	-0.6
Norway	-1.2	-1.5	-1.6	0.3	0.5	2.2
Switzerland	0.0	-0.3	-0.4	-0.1	-0.1	0.3

% change compared with same month of previous year

Jun-15	Jul-15	Aug-15	Sep-15	Oct-15	Nov-15
EA19
Total industry	-2.1	-2.1	-2.7	-3.2	-3.2	-3.2
Total industry excluding energy	-0.3	-0.3	-0.5	-0.6	-0.7	-0.7
Intermediate goods	-0.6	-0.7	-1.1	-1.6	-1.9	-2.0
Energy	-6.8	-6.5	-8.2	-10.0	-9.8	-9.4
Capital goods	0.7	0.7	0.6	0.6	0.6	0.6
Durable consumer goods	0.9	0.9	0.9	0.8	0.7	0.8
Non-durable consumer goods	-1.0	-1.0	-0.9	-0.5	-0.2	-0.3
EU28
Total industry	-2.7	-2.7	-3.4	-3.8	-3.6	-3.5
Total industry excluding energy	-0.3	-0.3	-0.5	-0.6	-0.6	-0.6
Intermediate goods	-0.6	-0.7	-1.1	-1.5	-1.8	-1.9
Energy	-9.8	-10.0	-12.3	-13.5	-12.5	-12.0
Capital goods	0.8	0.8	0.7	0.7	0.7	0.7
Durable consumer goods	1.0	1.0	1.1	0.9	0.9	0.9
Non-durable consumer goods	-1.0	-1.0	-1.0	-0.6	-0.2	-0.2

The source dataset is available here.

Total industry	Jun-15	Jul-15	Aug-15	Sep-15	Oct-15	Nov-15
EA19	-2.1	-2.1	-2.7	-3.2	-3.2	-3.2
EU28	-2.7	-2.7	-3.4	-3.8	-3.6	-3.5
Belgium	-3.0	-3.1	-3.9	-3.5	-4.2	-3.7
Bulgaria	-0.3	-0.7	-1.8	-2.1	-3.9	-3.8
Czech Republic	-2.3	-3.0	-3.8	-4.2	-3.9	-3.7
Denmark	-7.3	-9.0	-6.8	-7.6	-4.9	-4.9
Germany	-1.4	-1.3	-1.6	-2.0	-2.2	-2.4
Estonia	-1.2	-4.3	-3.3	-5.2	-3.4	-3.2
Ireland	-3.8	-2.6	-3.3	-5.2	-6.2	-4.8
Greece	-4.8	-5.4	-8.4	-8.8	-8.0	-6.6
Spain	-1.4	-1.3	-2.2	-3.6	-3.6	-2.6
France	-1.6	-1.5	-2.2	-2.7	-2.6	-2.4
Croatia	-2.8	-3.4	-4.1	-4.8	-4.5	-4.3
Italy	-3.0	-3.0	-3.5	-3.9	-3.7	-4.2
Cyprus	-6.2	-6.5	-6.6	-6.7	-6.7	-6.4
Latvia	-0.7	-1.5	-2.1	-2.7	-2.8	-2.3
Lithuania	-8.4	-8.3	-9.6	-10.5	-10.5	-9.0
Luxembourg	0.6	0.6	-1.8	-1.6	-1.9	-2.0
Hungary	-1.1	-1.8	-3.2	-3.7	-3.7	-3.1
Malta	-3.9	-3.9	-4.0	-3.4	-3.3	-3.0
Netherlands	-5.6	-5.6	-7.4	-8.2	-8.4	-8.1
Austria	-1.7	-1.8	-1.9	-2.5	-2.7	-2.8
Poland	-1.7	-2.1	-3.0	-3.0	-2.4	-1.8
Portugal	-1.8	-2.5	-3.2	-4.1	-3.8	-3.3
Romania	-1.8	-1.9	-2.4	-2.5	-2.5	-2.3
Slovenia	-0.2	-0.2	-0.4	-0.9	-0.9	-1.3
Slovakia	-4.5	-4.3	-4.2	-5.4	-5.1	-5.2
Finland	-1.8	-1.7	-2.5	-3.3	-3.0	-2.7
Sweden	-0.9	-1.4	-1.9	-2.0	-1.6	-1.7
United Kingdom	-7.0	-7.2	-8.8	-8.3	-7.1	-7.0
Norway	-3.7	-6.1	-8.0	-7.4	-5.9	-3.0
Switzerland	-3.5	-3.7	-3.9	-4.0	-3.8	-2.9