NEWS
May 2008 compared with April 2008
Industrial producer prices up by 1.2% in euro area - up by 1.3% in EU27

In May 2008 compared with April 2008, the industrial producer price index rose by 1.2% in the euro area (EA15) and by 1.3% in the EU27. In April3, prices increased by 0.9% and 1.1% respectively.
In May 2008 compared with May 2007, industrial producer prices gained 7.1% in the euro area and 8.9% in the EU27.
These figures come from Eurostat, the Statistical Office of the European Communities.

Monthly changes
In May 2008, compared with the previous month, prices in total industry excluding the energy sector rose by 0.3% in the euro area and by 0.4% in the EU27. Prices in the energy sector increased by 4.1% and 3.3% respectively. Intermediate goods gained 0.5% in the euro area and 0.7% in the EU27. Non-durable consumer goods rose by 0.1% in the euro area and by 0.3% in the EU27. In both zones, capital goods increased by 0.2% and durable consumer goods by 0.1%.
Among Member States for which data are available, the highest increases were registered in Denmark (+3.0%), Greece and the United Kingdom (both +1.7%). The only decrease was recorded in Sweden (-0.3%).

Annual changes
In May 2008, compared with May 2007, prices in total industry excluding the energy sector increased by 3.8% in the euro area and by 4.3% in the EU27. Prices in the energy sector rose by 18.2% and 22.7% respectively. Non-durable consumer goods gained 4.8% in the euro area and 5.2% in the EU27. Intermediate goods increased by 4.3% and 5.2% respectively. Durable consumer goods gained 2.3% in both zones. Capital goods rose by 1.8% in the euro area and by 2.0% in the EU27.
Among Member States for which data are available, the highest increases were observed in Denmark (+18.4%), the United Kingdom (+16.5%) and Lithuania (+15.1%), and the lowest in the Czech Republic (+5.2%) and Sweden (+5.7%).


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