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Image header Agence Europe
Europe Daily Bulletin No. 10444
Contents Publication in full By article 11 / 23
GENERAL NEWS / (ae) eu/economy

Eurozone industrial production prices up 0.5%

Brussels, 02/09/2011 (Agence Europe) - In July 2011 compared with June 2011, the industrial production price index rose by 0.5% in the eurozone and 0.4% in the EU27, after remaining unchanged in both areas in June. In July 2011 compared with July 2010, industrial production prices rose by 6.1% in the eurozone and 7.0% in the EU27, explained Eurostat, the EU's statistical office, on Friday 2 September.

In the monthly figures (July 2011 compared with June 2011), prices for all of industry apart from energy rose by 0.1% in both the eurozone and the EU27. Energy prices rose by 1.5% and 1.3% respectively. In both areas, non-durable consumer goods' prices rose by 0.2%, while intermediate goods rose by 0.2% in the eurozone and 0.1% in the EU27. The price of durable consumer goods remained unchanged in the eurozone, but rose by 0.3% in the EU27. Investment goods fell by 0.1% in the eurozone, but remained unchanged in the EU27. The highest rises were in the overall index were in Cyprus (2.0%), Lithuania (1.4%) and Hungary (1.2%), and the greatest falls were in Denmark (-0.8%), Belgium (-0.4%) and Sweden (-0.3%).

In July 2011 compared with July 2010, prices across all of industry apart from energy rose by 4.1% in the eurozone and 4.3% in the EU27. Prices in the energy sector rose by 11.9% and 13.8% respectively. In both areas, intermediate goods' prices rose by 6.3%, while non-durable consumer goods rose by 3.6% in the eurozone and 4.1% in the EU27. The biggest rises in the overall index were in the United Kingdom (12.6%) and Lithuania (9.0%), and the lowest in Malta and Sweden (both 1.0%) and Slovakia (2.0%. (L.C./transl.fl)