Home Business Life Industrial Producer Prices Down by 0.3% in Euro Area!

Industrial Producer Prices Down by 0.3% in Euro Area!

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In March 2017, compared with February 2017, industrial producer prices fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In March 2017, compared with March 2016, industrial producer prices rose by 3.9% in the euro area and by 4.6% in the EU28. The largest increases in industrial producer prices were recorded in Belgium (+12.4%), the Netherlands (+9.2%) and the United Kingdom (+8.8%), while a decrease was observed in Luxembourg (-3.2%).

The 3.9% increase in industrial producer prices in total industry in the euro area in March 2017, compared with March 2016, is due to rises of 8.2% in the energy sector, of 3.9% for intermediate goods.

Source: Eurostat

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