Nov. industrial producer prices slightly down in EU: Eurostat

Industrial producer prices fell by 0.2 percent in the 19-member euro area in November 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 0.3 percent in November compared with October.

The decrease in the euro area is due to price falls of 0.3 percent for both intermediate goods and the energy sector, and of 0.2 percent for non-durable consumer goods, while prices remained stable for capital goods and durable consumer goods.

In the EU bloc, industrial producer prices in total industry decreased due to price falls of 0.6 percent in the energy sector, 0.3 percent for intermediate goods, and 0.1 percent for non-durable consumer goods, while prices remained stable for capital goods and increased by 0.1 percent for durable consumer goods.

On an annual basis, industrial producer prices decreased by 3.2 percent in the euro area and by 3.5 percent in the EU.

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