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Industrial producer prices down 0.6% in both euro area, EU in Sept

08 Nov '24

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EU industrial producer prices down 0.6% in both euro area, EU in Sept

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Industrial producer prices decreased by 0.6 per cent month on month (MoM) in both the euro area and the EU in September, according to first estimates from Eurostat.
The same decreased by 3.4 per cent YoY in the euro area and by 3.3 per cent YoY in the EU in the month.
In August 2024, such prices grew by 0.6 per cent MoM in the euro area and by 0.4 per cent MoM in the EU.

Industrial producer prices decreased by 0.6 per cent month on month (MoM) in both the euro area and the European Union (EU) in September this year, according to first estimates from Eurostat, the EU statistical office.

In August this year, industrial producer prices grew by 0.6 per cent MoM in the euro area and by 0.4 per cent MoM in the EU.

The same decreased by 3.4 per cent year on year (YoY) in the euro area and by 3.3 per cent YoY in the EU in the month.

The largest MoM decreases were recorded in Estonia (minus 3.6 per cent), Spain (minus 2.4 per cent) and Romania (minus 2.2 per cent). The highest increases were observed in Ireland (plus 4.8 per cent), Finland (plus 1 per cent) and Greece (plus 0.7 per cent).

The largest YoY decreases were recorded in Slovakia (minus 18.5 per cent), Luxembourg (minus 9.9 per cent) and Latvia (minus 7.4 per cent). Increases were observed in Ireland (plus 1.5 per cent), Portugal (plus 1 per cent), Czechia and Malta (both plus 0.6 per cent).

Fibre2Fashion News Desk (DS)

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