Industrial producer prices down y-o-y in EU28, Croatia follows trend

In March 2016, industrial producer prices fell year-on-year in all EU member states, while on the month they stabilised in the majority of EUI28, including Croatia, according to estimates from Eurostat, the statistical office of the European Union. 

In the EU28, the 4.1% price decrease in March 2016 is due to falls of 13.0% in the energy sector, of 2.4% for intermediate goods and of 0.7% for non-durable consumer goods, while prices rose by 0.6% for capital goods and by 0.9% for durable consumer goods.

Prices in total industry excluding energy fell by 0.9%. Industrial producer prices fell in all member states, with the largest decreases observed in the Netherlands (-10.9%), Greece (-9.0%), Belgium and Lithuania (both -6.3%), Slovakia (-6.2%) and Ireland (-5.8%).

Industrial producer prices in Croatia in March 2016 fell by 5% on the year, after a 4.8% decrease in February.

On the month, however, industrial producer prices  in the EU28 rose by  0.4%. In February 2016 prices fell by 0.6% in the EU28.

The highest increases in industrial producer prices were observed in Greece (+1.8%), Estonia (+1.6%), Belgium (+1.4%) and the United Kingdom (+1.2%), and the largest decreases in Cyprus (-1.6%),  Lithuania and Slovakia (both -0.7%).

Last update: Wed, 04/05/2016 - 11:58

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