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Eurozone industrial producer prices slightly down in July

Xinhua, September 2, 2015 Adjust font size:

Industrial producer prices fell by 0.1 percent in the 19-member euro area in July compared with the previous month, according to estimates released Wednesday by Eurostat, the EU's statistical office.

In the 28-member European Union (EU), prices also fell by 0.2 percent in July compared with June.

This decrease in the euro area is due to a price fall of 0.5 percent in the energy sector, while prices remained stable for intermediate goods, and increased by 0.1 percent for capital goods, durable and non-durable consumer goods.

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

On an annual basis, industrial producer prices decreased by 2.1 percent in the euro area and by 2.7 percent in the EU.

The annual decreases in both euro area and the EU were mainly attributed to falls in energy sector, non-durable consumer goods, and intermediate goods. Endit