NEWS

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In June 2008 compared with May 2008, the industrial producer price index1 rose by 0.9% in the euro area2 (EA15) and by 1.2% in the EU272. In May3, prices increased by 1.2% and 1.4% respectively. In June 2008 compared with June 2007, industrial producer prices gained 8.0% in the euro area and 10.1% in the EU27. These figures come from Eurostat, the Statistical Office of the European Communities.

Monthly changes
In June 2008, compared with the previous month, prices in total industry excluding the energy sector rose by 0.4% in both the euro area and the EU27. Prices in the energy sector increased by 2.7% and 3.3% respectively. Intermediate goods gained 0.5% in the euro area and 0.7% in the EU27. In both zones, non-durable consumer goods rose by 0.3%. Capital goods increased by 0.2% in the euro area and by 0.3% in the EU27. Durable consumer goods remained stable in both zones.
Among Member States for which data are available, the highest increases were registered in Denmark (+5.1%), Lithuania and Luxembourg (both +3.3%), and the lowest in Slovakia (+0.2%), Ireland (+0.3%) and Slovenia (+0.6%).

Annual changes
In June 2008, compared with June 2007, prices in total industry excluding the energy sector increased by 4.0% in the euro area and by 4.6% in the EU27. Prices in the energy sector rose by 21.4% and 27.0% respectively. Intermediate goods gained 4.8% in the euro area and 5.8% in the EU27. Non-durable consumer goods increased by 4.8% and 5.3% respectively. Durable consumer goods gained 2.3% in the euro area and 2.4% in the EU27. Capital goods rose by 2.0% and 2.4% respectively.
Among Member States for which data are available, the highest increases were observed in Denmark (+21.7%), the United Kingdom (+19.5%) and Lithuania (+19.4%), and the lowest in the Czech Republic (+5.4%), Ireland and Slovakia (both +6.4%).

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