INDUSTRY : PRODUCER PRICES ROSE IN NOVEMBER 2011.

In November 2011, compared with October 2011, the industrial producer price index rose by 0.2% in the eurozone and 0.3% in the EU27. In October, prices increased by 0.1% and 0.2%, respectively, Eurostat reported, on 5 January.

In November 2011, compared with November 2010, industrial producer prices gained 5.3% in the eurozone and 6.3% in the EU27.

MONTHLY COMPARISON

In November 2011, compared with the previous month, prices in total industry excluding the energy sector decreased by 0.1% in the eurozone and remained stable in the EU27. Prices in the energy sector rose by 0.9% and 1%, respectively. In both zones, non-durable consumer goods increased by 0.3% and durable consumer goods by 0.2%. Capital goods remained stable in the eurozone and gained 0.1% in the EU27. Intermediate goods fell by 0.4% and 0.3%, respectively.

Among the member states for which data are available, the highest increases in the total index were recorded in Sweden (+1.6%), Ireland, Greece and the United Kingdom (all +0.7%). Decreases were observed in Denmark and Latvia (both -0.4%), Belgium and Slovenia (both -0.2%) and Cyprus (-0.1%).

ANNUAL COMPARISON

In November 2011, compared with November 2010, prices in total industry excluding the energy sector increased by 3% in the eurozone and by 3.3% in the EU27. Prices in the...