Eurozone Industrial Producer Prices
Developments
August 2023
In August 2023, industrial producer prices rose by 0.6% in the euro area and by 0.5% in the EU, compared with July 2023, according to estimates from Eurostat, the statistical office of the European Union. In July 2023, prices decreased by 0.5% in the euro area and by 0.7% in the EU.[1]
| M/M Change | Y/Y Change | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Euro area | Mar 23 | Apr 23 | May 23 | Jun 23 | Jul 23 | Aug 23 | Mar 23 | Apr 23 | May 23 | Jun 23 | Jul 23 | Aug 23 |
| Total industry | -1.3 | -3.3 | -1.9 | -0.4 | -0.5 | 0.6 | 5.5 | 0.9 | -1.6 | -3.4 | -7.6 | -11.5 |
| Total industry excluding energy | 0.2 | -0.2 | -0.4 | -0.4 | -0.4 | -0.2 | 8.1 | 5.1 | 3.4 | 2.5 | 1.6 | 1.0 |
| Intermediate goods | -0.4 | -0.7 | -1.0 | -0.8 | -1.2 | -0.4 | 5.8 | 1.2 | -1.5 | -2.8 | -4.0 | -4.5 |
| Energy | -4.1 | -10.3 | -5.2 | -0.4 | -0.9 | 2.5 | 0.0 | -9.2 | -13.5 | -16.4 | -24.2 | -30.6 |
| Capital goods | 0.2 | 0.5 | 0.1 | 0.1 | 0.2 | 0.0 | 6.7 | 6.2 | 5.7 | 5.3 | 4.7 | 4.3 |
| Durable consumer goods | 0.3 | 0.2 | 0.3 | 0.0 | 0.2 | -0.1 | 8.2 | 7.3 | 6.7 | 5.9 | 5.1 | 4.7 |
| Non-durable consumer goods | 0.9 | 0.3 | 0.0 | -0.1 | 0.0 | 0.0 | 13.5 | 11.0 | 9.7 | 8.9 | 7.6 | 6.7 |
| EU | ||||||||||||
| Total industry | -1.3 | -3.1 | -1.9 | -0.4 | -0.7 | 0.5 | 6.7 | 2.1 | -0.5 | -2.4 | -6.6 | -10.5 |
| Total industry excluding energy | 0.2 | -0.2 | -0.5 | -0.4 | -0.4 | -0.2 | 8.4 | 5.3 | 3.5 | 2.6 | 1.6 | 0.9 |
| Intermediate goods | -0.4 | -0.8 | -1.0 | -0.8 | -1.2 | -0.4 | 6.2 | 1.4 | -1.3 | -2.7 | -3.9 | -4.5 |
| Energy | -3.9 | -9.1 | -5.1 | -0.4 | -1.0 | 2.2 | 2.3 | -5.9 | -10.6 | -14.0 | -21.5 | -28.3 |
| Capital goods | 0.2 | 0.4 | 0.0 | 0.1 | 0.2 | -0.1 | 6.8 | 6.2 | 5.5 | 5.1 | 4.5 | 4.1 |
| Durable consumer goods | 0.2 | 0.2 | 0.2 | 0.0 | -0.1 | 0.0 | 8.1 | 7.0 | 6.5 | 5.6 | 4.6 | 4.1 |
| Non-durable consumer goods | 0.9 | 0.4 | -0.1 | -0.1 | -0.1 | 0.0 | 14.1 | 11.4 | 9.9 | 9.0 | 7.6 | 6.7 |