MARKET-TRENDS
September 2008 compared with August 2008
Industrial producer prices down by 0.2% in both euro area and EU27

In September 2008 compared with August 2008, the industrial producer price index fell by 0.2% in both the euro area (EA15) and the EU27. In August, prices decreased by 0.5% and 0.8% respectively.
In September 2008 compared with September 2007, industrial producer prices increased by 7.9% in the euro area and by 10.1% in the EU27. These figures come from Eurostat, the Statistical Office of the European Communities.

Monthly changes
In September 2008, compared with the previous month, prices in total industry excluding the energy sector remained stable in the euro area and increased by 0.1% in the EU27. Prices in the energy sector fell by 0.9% and 0.7% respectively. In both zones, durable consumer goods gained 0.2%. Capital goods increased by 0.1% in the euro area and by 0.2% in the EU27. Non-durable consumer goods fell by 0.1% in the euro area and remained stable in the EU27. In both zones, intermediate goods decreased by 0.1%.
Among Member States for which data are available, the highest increases in the total index were registered in Cyprus (+1.9%), Denmark (+1.2%) and Slovakia (+0.6%). The largest falls were observed in Bulgaria (-1.0%), Romania (-0.9%) and Ireland, Greece and Spain (all -0.7%), while prices remained stable in Finland.

Annual changes
In September 2008, compared with September 2007, prices in total industry excluding the energy sector increased by 4.1% in the euro area and by 4.8% in the EU27. Prices in the energy sector rose by 20.3% and 25.7% respectively. Intermediate goods gained 5.8% in the euro area and 6.5% in the EU27. Non-durable consumer goods increased by 3.4% and 4.5% respectively. Durable consumer goods rose by 2.5% in the euro area and by 2.7% in the EU27. Capital goods gained 2.2% and 2.8% respectively.
Among Member States for which data are available, the highest increases in the total index were observed in Luxembourg (+25.6%), Denmark (+19.9%) and the United Kingdom (+19.4%), and the lowest in the Czech Republic and Ireland (both +5.5%) and Slovenia (+5.7%).


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