In March 2017 industrial producer prices fell by 0.3% in the euro area

In March 2017, compared with February 2017, industrial producer prices fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2017 prices remained stable in both zones. In March 2017, compared with March 2016, industrial producer prices rose by 3.9% in the euro area and by 4.6% in the EU28.

The 0.3% decrease in industrial producer prices in total industry in the euro area in March 2017, compared with February 2017, is due to a price fall of 1.7% in the energy sector, while prices rose by 0.1% for both capital goods and non-durable consumer goods, by 0.2% for durable consumer goods and by 0.5% for intermediate goods. Prices in total industry excluding energy rose by 0.2%. In the EU28, the 0.2% decrease is due to a price fall of 1.6% in the energy sector, while prices rose by 0.1% for capital goods, by 0.2% for both durable and non-durable consumer goods and by 0.4% for intermediate goods. Prices in total industry excluding energy rose by 0.2%. The largest decreases in industrial producer prices were observed in Denmark (-1.3%), Estonia (-1.1%), Greece (-0.9%), Spain and the Netherlands (both -0.8%), and the highest increases in Cyprus (+1.3%), Lithuania (+1.1%) and Ireland (+0.9%).