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Eurostat: Bulgaria and Romania, the first in the EU to increase industrial production prices and in October
In October 2019, compared with September 2019, industrial producer prices rose by 0.1% in both euro area (EA19) and EU28, according to estimates from Eurostat, the statistical office of the European Union. In September 2019, prices increased by 0.1% in the euro area and remained stable in the EU28. In October 2019, compared with October 2018, industrial producer prices fell by 1.9% in the euro area and by 1.6% in the EU28.
Monthly comparison by main industrial grouping and by Member State
Industrial producer prices in the euro area in October 2019, compared with September 2019, rose by 0.7% in the energy sector, by 0.3% for non-durable consumer goods and by 0.1% for both capital goods and durable consumer goods, while they fell by 0.3% for intermediate goods. Prices in total industry excluding energy fell by 0.1%. In the EU28, industrial producer prices rose by 0.2% for both energy sector and non-durable consumer goods, by 0.1% for durable consumer goods and remained stable for capital goods, while they fell by 0.3% for intermediate goods. Prices in total industry excluding energy fell by 0.1%. The highest increases in industrial producer prices were recorded in Belgium (+2.3%), Netherlands (+0.9%), Denmark and Spain (both +0.5%), while the largest decreases were observed in Greece (-2.0%), Estonia (-0.7%), and Latvia (-0.6%).
Annual comparison by main industrial grouping and by Member State
Industrial producer prices in the euro area in October 2019, compared with October 2018, fell by 7.9% in the energy sector and by 1.0% for intermediate goods, while they rose by 1.4% for capital goods, by 1.5% for nondurable consumer goods and by 1.6% for durable consumer goods. Prices in total industry excluding energy rose by 0.3%.
In the EU28, industrial producer prices fell by 8.0% in the energy sector and by 0.7% for intermediate goods, while they rose by 1.5% for both capital goods and durable consumer goods and by 1.6% for non-durable consumer goods. Prices in total industry excluding energy rose by 0.6%. The largest decreases in industrial producer prices were recorded in Denmark and Italy (both -4.1%), Greece (-4.0%) and Belgium (-3.0%), while the highest increases were observed in Bulgaria (+3.8%), Romania (+2.9%) and Slovenia (+1.9%).