August 10, 2021
According to Eurostat, in June 2021, the prices of industrial producer goods rose by 1.4% in the EU and the euro area, compared with May 2021. In comparison to the same month in the previous year industrial producer prices increased by 10.3% in EU and 10.2% in the euro area.
Monthly comparison by main industrial grouping and by Member State
In comparison to May 2021, industrial producer prices in the euro area in June 2021 rose by 3.3% in the energy sector, by 1.3% for intermediate goods, by 0.4% for capital goods and by 0.3% for durable and non-durable consumer goods. Notably, prices in total industry excluding energy increased by 0.7%.
Additional in the EU industrial producer prices rose by, “3.4% in the energy sector, by 1.4% for intermediate goods, by 0.4% for capital goods and for non-durable consumer goods and by 0.3% for durable consumer goods. Prices in total industry excluding energy increased by 0.8%,” as noted by Eurostat.
The member states that recorded the highest increase in industrial producer prices are Denmark (+5.1%), Estonia (+4.6%) and Latvia (+3.1%). Ireland on the other hand recorded a decrease of 0.3%.
Annual comparison by main industrial grouping and by Member State
In comparison to June 2020, industrial producer prices in the euro area in June 2021 rose by 25.4% in the energy sector, by 10.6% for intermediate goods, by 2.3% for non-durable consumer goods and by 2.0% for capital goods. Notably, prices in total industry excluding energy increased by 5.6%.
Additional in the EU industrial producer prices rose by, “24.8% in the energy sector, by 10.9% for intermediate goods, by 2.5% for durable and non-durable consumer goods and by 2.1% for capital goods. Prices in total industry excluding energy increased by 5.9%,” as noted by Eurostat.
The member states that recorded the highest increase in industrial producer prices are Ireland (+42.5%), Belgium (+20.7%) and Denmark (+19.1%).
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