Industrial producer prices down 0.1% in eurozone
In May 2014, compared with April 2014, industrial producer prices1 fell by 0.1% in both the eurozone, according to estimates from Eurostat, the statistical office of the European Union.
In May 2014, compared with May 2013, industrial producer prices decreased by 1.0% in the euro area and by 0.9% in the EU28.
The 0.1% decrease in industrial producer prices in total industry in the eurozone in May 2014, compared with April 2014, is due to falls of 0.3% in the energy sector and of 0.1% for non-durable consumer goods, while prices remained stable for intermediate goods and capital goods, and increased by 0.1% for durable consumer goods.
Prices in total industry excluding energy remained stable.
The largest decreases in industrial producer prices were observed in Lithuania (-1.5%), Latvia (-1.0%) and Hungary (-0.8%), and the highest increases in Estonia (+1.6%), Denmark (+1.0%) and Spain (+0.9%).
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