articles | 13 December 2016

Industrial Producer Prices unchanged in October 2016

In October 2016, compared with September 2016, industrial producer prices rose by 0.8% in the euro area (EA19), by 1.0% in the EU28 and remained unchanged in Cyprus, according to estimates from Eurostat.

In September 2016 prices increased by 0.1% in both zones. In October 2016, compared with October 2015, industrial producer prices fell by 0.4% in the euro area, while it rose by 0.2% in the EU28.

The largest increases in industrial producer prices were recorded in Estonia (+3.3%), the Netherlands (+2.7%) and Belgium (+2.5%), while decreases were observed in Latvia (-0.8%), Italy, Luxembourg and Slovenia (all -0.2%).

The largest decreases in industrial producer prices were observed in Luxembourg (-7.3%), Slovakia (-2.9%) and Latvia (-2.6%), and the highest increases in the United Kingdom (+4.5%), Belgium (+2.2%) and Sweden (+2.0%).

Source: Famagusta Gazette

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