In the Eurozone producer prices in industry decreased by 12.4%, in the EU by 11.2%, but compared to the previous month they increased by 0.5% in the Eurozone and 0.6% in the EU.
In September 2023, compared to September 2022, producer prices in industry they fell by 12.4% in the Eurozone and by 11.2% in the EU, according to Eurostat estimates.
In September 2023, the producer prices of the industry rose by 0.5% in the euro area and by 0.6% in the EU, compared to August 2023.
In August 2023, prices rose by 0.7% in the euro area and by 0.5% in the EU.
Annual comparison by main industrial group and by Member State
The industrial producer prices in the euro zone in September 2023, compared to September 2022, they decreased by 31.3% in the energy sector and by 4.8% for intermediate goods, while prices increased by 3.9% for capital goods, by 4 .3% for durable consumer goods and by 5.5% for non-durable consumer goods.
Prices in the industry as a whole excluding energy rose 0.5%.
In the EU, industrial producer prices fell by 28.5% in energy and by 4.7% in intermediate goods, while prices rose by 3.7% in consumer durables, by 3.8% in capital goods and by 5.4% for non-durable consumer goods.
Prices in all industry excluding energy rose 0.4%.
The biggest annual declines of producer prices in industry were recorded in Ireland (-38.9%), Bulgaria (-32.0%) and Italy (-18.3%). The highest annual increases recorded in Luxembourg (+23.8%), Hungary (+7.1%) and Slovenia (+3.1%).
Greece recorded a 4.7% decline in industrial producer prices