July 5, 2022

In May 2022, Industrial producer prices up by 0.7% in the euro area (+36.3% from May 2021) and by 0.8% in the EU (+36.4% from May 2021) when compared to April 2022, where prices increased 1.2% in the euro area and 1.3% in the EU.

The increases were due to intermediate goods (+1.7%), non-durable consumer goods (+1.4%), durable consumer goods (+0.8%), capital goods (+0.6%) and the energy sector (+0.1%). Prices for the total industry excluding energy increased by 1.4%.
The Member states with the largest monthly increases in industrial producer prices were Finland (+5.5%), Estonia (+5.4%) and Lithuania (+4.9%). Decreases were recorded in Ireland (-19.4%), Slovakia (-4.4%), the Netherlands (-0.8%), Bulgaria and France (-0.1% both).

Increases in industrial producer prices in the euro area in May 2022, compared with May 2021, were recorded in the energy sector (+94.4%), intermediate products (+25.0%), non-durable consumer goods (+12.3%), durable consumer goods (+9.1%) and capital goods (+7.5%). Price in total industry excluding energy increased by 16.0%.

Industrial producer prices in the EU increased in the energy sector (+92.9%), the intermediate good sector (+25.4%), the non-durable consumer goods sector (+13.2%), the durable consumer goods sector (+9.7%) and the capital goods sector (+7.8%). Prices in total industry excluding energy increased by 16.7%.

The biggest annual increases in all Member states were Denmark (+59.8%), Romania (+59.2%) and Estonia (+53.1%).

Disclaimer:

Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view(s) expressed by that research analyst in this research report.

Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.