The Industrial producer prices index on the domestic market for the total industry was at 99.8 and 104.9 excluding the energy sector.

Meanwhile industrial producer prices rose by 0.1% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat. In August 2016 prices fell by 0.2% in both zones. In September 2016, compared with September 2015, industrial producer prices decreased by 1.5% in the euro area and by 1.1% in the EU28.

On a monthly basis, prices in total industry excluding energy also rose by 0.1% both in the EU28 and the euro area. The largest increases in industrial producer prices were observed in the Netherlands (+2.0%), Belgium and Croatia (both +1.5%) and Estonia (+0.6%); industrial producer prices only decreased in Germany (-0.2%), Ireland, Italy, Malta and Sweden (all -0.1%).

On annual basis Industrial producer prices fell in nearly all Member States, with the largest decreases observed in Luxembourg (-7.1%), the Netherlands (-3.8%), Slovakia (-3.3%) and Greece (-3.2%). Industrial producer prices increased only in the United Kingdom (+1.8%), Poland and Sweden (both +0.7%) and Malta (+0.4%).

Source: InCyprus