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Eurozone industrial producer prices slightly down in April

Xinhua, June 2, 2015 Adjust font size:

Industrial producer prices fell by 0.1 percent in the 19-member euro area and remained stable in the 28-member European Union (EU) in April compared with the previous month, according to estimates released Tuesday by Eurostat, the EU's statistical office.

This decrease is due to a fall of 0.6 percent in the energy sector, while prices remained stable for both durable and non-durable consumer goods, and increased by 0.1 percent for capital goods and by 0.3 percent for intermediate goods.

In the EU bloc, industrial producer prices in total industry remained stable due to a fall of 0.3 percent in the energy sector, while prices remained stable for both durable and non-durable consumer goods, and increased by 0.1 percent for capital goods and by 0.3 percent for intermediate goods.

On an annual basis, industrial producer prices decreased 2.2 percent in the euro area and 2.8 percent in the EU.

The annual decrease was mainly attributed to falls of energy sector, non-durable consumer goods, and intermediate goods. Endit