In July 2024, compared with June 2024, industrial producer prices increased by 0.8% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In June 2024, industrial producer prices grew by 0.6% in both the euro area and the EU.
In July 2024, compared with July 2023, industrial producer prices decreased by 2.1% the euro area and by 1.9% in the EU.
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In the euro area in July 2024, compared with June 2024, industrial producer prices decreased by 0.1% for intermediate goods, remained stable for capital goods, decreased by 0.1% for durable consumer goods, and decreased by 0.1% for non-durable consumer goods.
In the EU, industrial producer prices remained stable for intermediate goods, remained stable for capital goods, decreased by 0.1% for durable consumer goods, and remained stable for non-durable consumer goods.
The highest monthly increases in industrial producer prices were recorded in Bulgaria (+3.6%), Greece (+2.9%) and Romania (+2.7%). The highest decreases were observed in Sweden (-0.9%), Finland (-0.7%) and Austria (-0.2%).
In the euro area in July 2024, compared with July 2023, industrial producer prices decreased by 1.2% for intermediate goods, increased by 1.4% for capital goods, increased by 0.3% for durable consumer goods, and increased by 1.0% for non-durable consumer goods.
In the EU, industrial producer prices decreased by 1.2% for intermediate goods, increased by 1.5% for capital goods, increased by 0.2% for durable consumer goods, and increased by 0.9% for non-durable consumer goods.
The largest annual decreases in industrial producer prices were recorded in Slovakia (-18.9%), Luxembourg (-6.7%) and Latvia (-6.0%). The highest increases were observed in Ireland (+6.1%), Romania (+2.7%) and Portugal (+2.0%).
More information:
Eurostat
www.ec.europa.eu
