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7th January, 2008

Industrial producer prices up by 0.8% in euro area

STAT/08/2 Le 7 January 2008

November 2007 compared with October 2007 Industrial producer prices up by 0.8% in euro area Up by 1.1% in EU27

In November 2007 compared with October 2007, the industrial producer price index1 rose by 0.8% in the euro area2 (EA13) and by 1.1% in the EU272. In October3 prices increased by 0.7% in the euro area and by 0.9% in the EU27.

In November 2007 compared with November 2006, industrial producer prices gained 4.1% in the euro area and 4.2% in the EU27.

These figures come from Eurostat, the Statistical Office of the European Communities.

[ Figures and graphics available in PDF and WORD PROCESSED ]

Monthly changes

In November 2007, compared with the previous month, prices in total industry excluding the energy sector rose by 0.1% in both the euro area and the EU27. Prices in the energy sector increased by 3.2% and 3.9% respectively. In both zones, non-durable consumer goods gained 0.3% and durable consumer goods 0.1%. Capital goods remained unchanged in the euro area and rose by 0.1% in the EU27. Intermediate goods remained unchanged in both zones.

Among Member States for which data are available, the highest increases were registered in Lithuania (+2.3%), the United Kingdom (+2.2%) and Belgium (+2.1%). The only decreases were recorded in Luxembourg (-0.9%) and Ireland (-0.2%), while prices remained unchanged in Cyprus.

Annual changes

In November 2007, compared with November 2006, prices in total industry excluding the energy sector increased by 3.2% in the euro area and by 3.3% in the EU27. Prices in the energy sector rose by 7.8% and 7.0% respectively. Non-durable consumer goods gained 3.9% in the euro area and 4.0% in the EU27. Intermediate goods increased by 3.7% and 3.9% respectively. Durable consumer goods gained 1.9% in the euro area and 1.8% in the EU27. Capital goods rose by 1.5% in both zones.

Among Member States for which data are available, the highest increases were observed in Lithuania (+15.2%), Bulgaria (+13.2%) and Denmark (+9.4%), and the lowest in Finland (+1.9%), Slovakia (+2.1%) and Germany (+2.5%).

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. Euro area and EU indices refer to overall weighted price changes. The figures are not adjusted. Missing observations from Member States for the calculation of the euro area and the EU are estimated. The euro area (EA13) consisted of 13 Member States up to 31 December 2007: Belgium, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Slovenia and Finland. From 1 January 2008 the euro area (EA15) also includes Cyprus and Malta.

The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).

As part of Eurostat's guidelines for the dissemination of data when the EU or euro area is enlarged, the aggregate data series commented on in this News Release refer to the official composition of the euro area in the most recent month for which data is available. Thus News Releases with data for months up to December 2007 will comment on EA13 series, while Releases with data for January 2008 onwards will comment on EA15 series.

Data of previous months have been revised compared to those issued in News Release 167/2007 of 4 December 2007. The monthly growth rate for October 2007 for total industry excluding construction was +0.6% for the euro area. The annual growth rate for the euro area remains the same. For the EU27, the monthly and annual growth rates remain the same.

Issued by: Eurostat Press Office Tim ALLEN Tel: +352-4301-33 444 mailto:eurostat-pressoffice@ec.europa.eu For further information on data: Liselott ÖHMAN Tel: +352-4301-32 800 mailto:liselott.oehman@ec.europa.eu

Eurostat news releases on the Internet: http://ec.europa.eu/eurostat Selected Principal European Economic Indicators: http://ec.europa.eu/eurostat/euroindicators Industrial producer prices on the domestic market

% change compared with previous month

Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 EA13 Total industry excluding construction 0.1 0.3 0.1 0.4 0.7 0.8 Total industry excluding construction and energy 0.1 0.2 0.3 0.2 0.4 0.1 Intermediate goods 0.1 0.2 0.1 0.1 0.3 0.0 Energy 0.0 0.4 -0.5 1.0 1.8 3.2 Capital goods 0.0 0.1 0.1 0.1 0.1 0.0 Durable consumer goods 0.0 0.1 0.1 0.1 0.1 0.1 Non-durable consumer goods 0.2 0.5 0.6 0.5 0.6 0.3 EU27 Total industry excluding construction 0.2 0.3 0.1 0.5 0.9 1.1 Total industry excluding construction and energy 0.1 0.3 0.3 0.2 0.4 0.1 Intermediate goods 0.1 0.3 0.1 0.1 0.4 0.0 Energy 0.5 0.5 -0.4 1.5 2.7 3.9 Capital goods 0.0 0.1 0.1 0.1 0.1 0.1 Durable consumer goods 0.0 0.1 0.1 0.1 0.1 0.1 Non-durable consumer goods 0.2 0.5 0.5 0.5 0.6 0.3

Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 EA13 0.1 0.3 0.1 0.4 0.7 0.8 EU27 0.2 0.3 0.1 0.5 0.9 1.1 EA15 0.1 0.3 0.1 0.4 0.7 0.8 Belgium 0.1 0.3 0.1 0.8 1.0 2.1 Bulgaria 1.3 2.1 1.5 0.6 1.4 1.9 Czech Republic 0.7 0.2 -0.1 0.1 0.4 0.7 Denmark 2.3 -0.1 0.4 1.7 4.9 1.2 Germany 0.2 -0.1 0.1 0.2 0.4 0.8 Estonia : : : : : : Ireland 0.4 0.3 0.7 0.0 0.9 -0.2 Greece 0.2 0.5 0.3 1.1 1.1 1.8 Spain 0.2 0.3 0.2 0.3 0.9 0.6 France 0.2 0.5 0.2 0.4 0.6 0.8 Italy 0.1 0.3 0.2 0.5 0.5 0.9 Cyprus 0.2 1.4 0.6 1.1 1.2 0.0 Latvia : : : : : : Lithuania -0.4 0.7 0.7 1.3 2.5 2.3 Luxembourg 1.4 -0.7 -0.8 -0.7 0.7 -0.9* Hungary 0.3 0.1 0.4 0.4 0.8 0.8 Malta : : : : : : Netherlands -0.5 0.9 -0.5 0.8 2.0 1.1 Austria 0.2 0.3 0.2 0.1 0.5 : Poland 0.7 0.4 0.3 0.3 0.1 0.2 Portugal 0.4 0.2 0.2 -0.6 0.3 1.0 Romania -0.1 0.4 0.8 0.9 1.5 1.6 Slovenia 0.4 0.1 -0.1 1.1 0.6 0.5 Slovakia 0.3 0.5 -0.2 0.5 0.3 0.6 Finland 0.1 0.2 -0.6 0.2 0.5 0.5 Sweden 0.3 0.0 0.0 0.6 0.8 1.0 United Kingdom 0.5 0.6 0.0 1.1 1.9 2.2

: Data not available * Estimated by Member State

Industrial producer prices on the domestic market

% change compared with same month of previous year

Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 EA13 Total industry excluding construction 2.3 1.8 1.8 2.7 3.3 4.1 Total industry excluding construction and energy 3.1 2.9 3.0 3.1 3.2 3.2 Intermediate goods 5.1 4.5 4.2 4.1 3.9 3.7 Energy -0.5 -1.8 -2.0 1.7 4.2 7.8 Capital goods 1.9 1.7 1.7 1.6 1.5 1.5 Durable consumer goods 1.8 1.7 1.8 1.9 1.8 1.9 Non-durable consumer goods 1.6 1.9 2.4 3.0 3.6 3.9 EU27 Total industry excluding construction 2.3 1.7 1.6 2.8 3.5 4.2 Total industry excluding construction and energy 3.2 3.1 3.1 3.2 3.3 3.3 Intermediate goods 5.1 4.7 4.5 4.3 4.2 3.9 Energy -0.5 -2.3 -2.7 2.0 4.5 7.0 Capital goods 1.9 1.7 1.7 1.6 1.5 1.5 Durable consumer goods 1.9 1.8 1.8 1.9 1.8 1.8 Non-durable consumer goods 2.0 2.2 2.6 3.1 3.6 4.0

Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 EA13 2.3 1.8 1.8 2.7 3.3 4.1 EU27 2.3 1.7 1.6 2.8 3.5 4.2 EA15 2.3 1.8 1.8 2.7 3.3 4.2 Belgium 1.5 1.6 1.8 2.2 3.1 4.8 Bulgaria 6.5 7.7 9.0 9.0 11.3 13.2 Czech Republic 4.5 4.1 3.7 4.0 4.4 5.3 Denmark -0.6 -2.4 -4.7 -1.0 5.9 9.4 Germany 1.7 1.1 1.0 1.5 1.7 2.5 Estonia : : : : : : Ireland 1.0 1.3 1.7 1.7 3.3 3.4 Greece 2.0 1.7 1.7 4.4 6.3 8.7 Spain 2.6 2.3 2.3 3.4 4.7 5.4 France 1.9 1.8 1.7 2.8 3.3 4.2 Italy 2.7 2.0 2.1 3.5 3.7 4.6 Cyprus 3.1 3.7 3.9 5.1 6.4 7.5 Latvia : : : : : : Lithuania 8.0 6.9 7.0 10.0 12.7 15.2 Luxembourg 9.3 6.0 4.7 3.8 4.0 2.7* Hungary 7.2 6.2 3.5 3.1 4.0 5.4 Malta : : : : : : Netherlands 3.6 2.8 3.0 4.3 6.8 7.8 Austria 4.3 4.2 4.0 4.3 4.8 : Poland 3.4 2.9 2.9 3.7 4.1 4.6 Portugal 2.5 2.8 2.6 2.4 4.3 5.4 Romania 7.0 6.8 6.4 7.2 8.5 9.3 Slovenia 5.1 5.1 5.2 5.7 6.2 6.7 Slovakia 1.3 1.2 0.4 1.6 1.8 2.1 Finland 3.4 2.8 1.6 1.1 1.7 1.9 Sweden 4.0 3.5 2.1 2.9 3.2 4.0 United Kingdom 1.2 0.2 0.4 3.2 3.5 3.1

: Data not available * Estimated by Member State

Industrial producer prices indices on the domestic market for total industry excluding construction

(base year 2000)

11/04 11/05 11/06 12/06 01/07 02/07 03/07 04/07 05/07 06/07 07/07 08/07 09/07 10/07 11/07 EA13 107.3 111.8 116.6 116.6 116.9 117.2 117.7 118.2 118.6 118.8 119.1 119.2 119.6 120.4 121.4 EU27 109.2 115.6 120.4 120.4 120.3 120.6 121.0 121.1 121.5 121.8 122.2 122.3 122.9 124.1 125.4 EA15 107.3 111.8 116.6 116.6 116.9 117.3 117.7 118.2 118.6 118.8 119.1 119.2 119.6 120.4 121.4 BE 109.5 110.0 116.8 116.7 116.8 117.0 117.2 117.1 117.3 117.4 117.7 117.9 118.8 119.9 122.4 BG 119.8 128.9 139.4 140.2 139.1 139.2 141.1 143.8 144.8 146.6 149.6 151.8 152.7 154.9 157.8 CZ 111.0 111.0 113.2 113.2 114.5 115.0 115.6 116.3 116.9 117.7 117.9 117.8 117.9 118.4 119.2 DK 117.8 132.0 133.6 131.9 128.1 129.6 128.7 131.0 131.8 134.8 134.7 135.2 137.5 144.3 146.1 DE 107.1 112.5 117.8 117.8 117.8 118.1 118.4 118.5 118.9 119.1 119.0 119.1 119.3 119.8 120.8 EE : : : : : : : : : : : : : : : IE 106.7 109.8 110.0 110.4 110.9 110.5 110.7 111.1 111.3 111.8 112.1 112.9 112.9 113.9 113.7 EL 114.0 122.0 126.1 126.1 125.4 126.1 127.5 129.9 130.4 130.6 131.3 131.7 133.2 134.7 137.1 ES 109.3 114.7 118.8 118.8 119.5 120.2 120.9 121.5 122.1 122.3 122.7 122.9 123.3 124.4 125.2 FR 105.3 108.4 111.3 111.2 111.3 111.8 112.1 112.7 112.9 113.1 113.7 113.9 114.4 115.1 116.0 IT 108.3 112.2 118.2 118.4 118.4 118.9 119.4 120.0 120.5 120.6 121.0 121.3 121.9 122.5 123.6 CY 116.3 122.1 124.7 124.7 124.5 125.9 125.6 126.5 128.3 128.5 130.3 131.1 132.5 134.1 134.1 LV : : : : : : : : : : : : : : : LT 101.7 108.5 114.4 114.5 117.0 117.6 118.5 120.6 122.9 122.4 123.2 124.1 125.8 129.0 131.9 LU 120.3 122.5 142.2 140.1 141.1 141.6 143.0 145.9 147.7 149.7 148.6 147.4 146.3 147.3 146.0* HU 131.6 140.0 153.1 152.9 153.9 154.9 155.8 156.1 156.7 157.2 157.3 158.0 158.7 160.0 161.3 MT : : : : : : : : : : : : : : : NL 109.1 117.6 123.7 123.3 125.2 125.0 125.3 127.6 128.5 127.9 129.0 128.3 129.3 131.9 133.3 AT 102.7 105.5 108.1 107.9 109.2 109.4 111.0 111.1 111.4 111.6 111.9 112.1 112.2 112.8 : PL 116.2 116.0 119.5 119.1 119.9 120.4 121.1 121.8 122.5 123.4 123.9 124.3 124.7 124.8 125.0 PT 108.4 112.1 115.8 115.8 117.5 117.8 118.0 119.5 120.0 120.5 120.8 121.1 120.4 120.8 122.0 RO 262.8 291.4 323.4 326.0 327.1 326.4 329.4 333.7 336.0 335.6 337.0 339.6 342.8 347.9 353.5 SI 124.2 126.6 129.8 130.6 131.2 134.0 134.5 134.7 135.1 135.6 135.8 135.6 137.1 137.9 138.5 SK 123.9 133.1 140.6 139.5 138.9 141.3 141.3 140.9 140.7 141.1 141.8 141.5 142.2 142.6 143.5 FI 99.5 102.4 108.6 108.4 108.6 108.8 108.9 109.3 109.7 109.8 110.0 109.3 109.5 110.1 110.7 SE 111.2 116.1 122.8 121.9 123.0 124.0 124.2 124.8 124.3 124.7 124.7 124.7 125.4 126.4 127.7 UK 109.8 125.5 128.8 129.4 127.4 127.1 127.2 124.6 124.8 125.4 126.2 126.2 127.6 130.0 132.8

: Data not available * Estimated by Member State

Industrial producer prices indices on the domestic market for total industry excluding construction and energy

(base year 2000)

11/04 11/05 11/06 12/06 01/07 02/07 03/07 04/07 05/07 06/07 07/07 08/07 09/07 10/07 11/07 EA13 106.0 107.5 111.3 111.3 111.9 112.2 112.5 113.0 113.3 113.4 113.7 114.0 114.2 114.7 114.8 EU27 106.9 108.6 112.5 112.5 113.1 113.4 113.7 114.2 114.5 114.7 115.0 115.3 115.6 116.0 116.1 EA15 106.0 107.6 111.3 111.4 111.9 112.2 112.5 113.0 113.3 113.5 113.7 114.1 114.3 114.7 114.8 BE 105.3 105.7 110.9 110.9 113.2 113.1 113.6 113.9 114.3 114.4 114.6 114.7 115.0 115.0 115.0 BG 116.5 121.8 136.2 136.3 135.9 135.6 137.1 138.9 140.2 141.7 143.7 146.2 146.6 149.1 148.2 CZ 109.8 107.8 109.8 109.8 110.3 110.8 111.3 111.6 112.1 112.7 112.9 113.1 113.0 113.3 113.6 DK 115.3 117.1 121.9 122.5 122.4 122.6 122.6 123.9 124.0 124.3 125.3 125.3 126.2 126.8 127.6 DE 104.5 106.1 109.2 109.3 109.5 109.8 110.0 110.5 110.7 110.9 111.0 111.3 111.3 111.8 111.7 EE : : : : : : : : : : : : : : : IE 108.9 111.6 113.8 114.1 113.9 114.1 114.5 114.7 114.9 115.6 116.3 117.3 117.2 117.7 117.6 EL 116.5 121.6 126.7 126.8 126.6 126.6 127.3 128.7 128.8 128.7 129.2 129.8 131.1 132.1 132.7 ES 109.4 112.4 117.1 117.2 118.0 118.9 119.4 120.0 120.4 120.5 120.7 121.0 121.4 122.2 122.3 FR 104.4 105.7 108.8 108.7 109.2 109.5 109.5 110.0 110.2 110.3 110.7 111.1 111.4 111.7 111.9 IT 108.4 109.3 113.9 114.1 114.8 115.1 115.4 115.9 116.3 116.4 116.6 116.9 117.1 117.4 117.6 CY 119.9 122.7 126.2 126.3 126.7 128.3 128.7 129.6 129.9 130.2 130.5 131.4 132.7 134.7 134.6 LV : : : : : : : : : : : : : : : LT 101.1 104.2 109.9 110.4 111.6 111.9 112.7 114.7 115.0 115.5 116.6 117.2 118.9 120.4 121.5 LU 126.1 122.8 141.4 138.8 142.0 143.2 145.8 149.3 151.6 153.9 151.1 148.5 148.4 150.0 150.6* HU 124.9 127.7 135.5 135.2 136.1 136.5 136.6 136.7 137.2 137.6 137.7 138.8 139.7 140.9 141.8 MT : : : : : : : : : : : : : : : NL 108.0 110.2 114.3 114.5 115.6 115.7 115.8 116.9 117.4 117.7 118.8 119.1 119.8 120.7 120.9 AT 100.5 101.1 103.7 103.9 104.7 105.3 105.8 105.8 106.1 106.3 106.5 106.8 107.0 107.4 : PL 110.0 108.1 113.7 113.5 113.4 113.6 114.7 115.6 116.4 117.3 117.9 118.6 118.7 118.4 117.5 PT 104.8 105.9 109.9 110.0 110.1 110.5 110.6 111.1 111.4 111.6 111.7 112.2 112.0 112.5 112.7 RO 251.5 266.0 291.8 292.0 294.1 295.9 298.0 299.9 300.6 300.1 300.4 304.2 308.6 311.6 316.0 SI 124.6 127.3 131.1 131.7 132.6 133.0 133.5 133.8 134.3 134.7 134.8 135.0 136.3 137.4 138.1 SK 112.2 110.7 113.1 112.9 111.7 111.6 111.3 110.7 110.5 110.8 111.5 111.0 111.9 112.1 112.3 FI 95.1 97.0 100.8 100.7 101.2 101.6 102.1 102.6 103.1 103.3 103.8 103.7 104.1 104.3 104.3 SE 105.7 109.7 114.8 114.7 115.5 116.4 117.2 118.1 118.6 118.7 119.2 118.9 119.2 119.5 119.3 UK 105.2 107.3 110.8 110.8 111.4 111.9 112.4 112.5 112.7 112.8 113.2 113.4 113.7 114.2 114.3

: Data not available * Estimated by Member State

 
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