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INDUSTRIAL PRODUCER PRICES: INCREASE OF NEARLY 0.5% ACROSS EUROPE.

The euro-zone industrial producer price index rose by 0.5% in June 2005 compared with the previous month. In June 2005, EU25 prices grew by 0.4%. In May prices fell by 0.2% in both the euro-zone and the EU25. In June 2005 compared to June 2004, industrial producer prices grew by 4.0% in the euro-zone and by 4.8% in the EU25, EU statistical arm Eurostat reported on August 2.

In June 2005, compared to June 2004, and excluding the energy sector, industrial prices increased by 1.7% in the euro-zone and by 1.8% in the EU25. Prices in the energy sector grew by 13.3% and 16.0% respectively. Intermediate goods rose by 2.6% in the euro-zone and by 2.9% in the EU25. Capital goods gained 1.4% and 1.6% respectively. Durable consumer goods grew by 1.4% in the euro-zone and by 1.2% in the EU25. Non-durable consumer goods rose by 0.7% and 1.0% respectively. Among member states for which data are available, the highest increases were observed in the United Kingdom (+9.5%), Hungary (+9.0%) and Denmark (+8.7%), and the lowest in Ireland (+1.1%) and Belgium (+1.7%). The only decrease was registered in Luxembourg (-1.6%).

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Publication:European Report
Article Type:Brief Article
Geographic Code:4E
Date:Sep 1, 2005
Words:213
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