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Industrial prices in the eurozone record record growth in April

Last April, the euro area’s industrial output price index rose 37.2% compared to 36.9% in March for the same month…

By admin , in news , at June 2, 2022

Last April, the euro area’s industrial output price index rose 37.2% compared to 36.9% in March for the same month of 2021, representing the biggest year-on-year increase in the entire historical series. Is. for data published by Eurostat,

Across the European Union (EU), the year-on-year increase in industrial prices in April was 37%, four tenths higher than the previous month.

Comparison with 2021

Monthly, however, industrial prices moderated their growth. Eurozone From 5.3% in March to 1.2%, while in twenty-seven they increased monthly from 5.4% to 1.3% monthly.

Compared to April 2021, Eurozone industrial producer prices increased by 99.2% in the energy sector, 25.1% for intermediate goods, as well as 11.2% goods of consumption 8.5% for non-durables and durable goods, in addition to 7.2% for capital goods.

In uiIndustrial output prices in the energy sector increased by 97.2% annually, 25.4% for intermediate goods, 12% for non-durable consumer goods, 9.1% for consumer durables and 7.5% for capital goods.

Excluding the impact of energy, industry prices in the euro area increased by 15.6% year-on-year, while those in the EU as a whole annual growth It was 16.1%.

In twenty-seven, the greatest annual increase in the prices of industrial production was seen Denmark and Ireland (both +62.3%), Romania (+60.4%) and Belgium (+52.7%).

With respect to the month of March, the biggest fall in industrial prices was registered Ireland (-16.4%), Romania (3.2%),

Portugal (-2.2%) and Italy (-0.3%), while the most pronounced increases corresponded to Slovakia (9.3%), Luxembourg (6%) and Bulgaria (4.1%).

Industrial prices in the eurozone record record growth in April

2022-06-02 09:18:58