Eurozone industrial producer prices fall in September
- Source: Xinhua
- [08:28 November 05 2009]
- Comments
Industrial producer prices in the euro zone fell 0.4 percent in September from the previous month.
Compared with September 2008, industrial producer prices in the 16-nation bloc that uses the euro dropped by 7.7 percent, the European Union (EU)'s statistics bureau Eurostat said Wednesday.
In September, compared with the previous month, prices in total industry, excluding the energy sector, remained stable in both the euro area and the whole EU region, while prices in the energy sector fell 1.9 percent and 2.6 percent respectively.
Prices in intermediate goods increased 0.2 percent and while the prices of durable consumer goods and non-durable consumer goods decreased 0.1 percent.
In the 27-nation EU, industrial producer prices dropped 0.7 percent month on month in September and fell 7.3 percent year on year.
Among member states for which data was available, the largest falls in the total index were recorded in the Netherlands, down by 13.4 percent. The only increase -- 0.7 percent -- was recorded in Malta.
The index of producer prices shows changes in the ex-works sale prices of all products sold on the domestic markets of the various countries, excluding imports.
