Industrial producer prices up by 1.1% in the euro area and by 1.2% in the EU
In March 2021, industrial producer prices rose by 1.1% in the euro area and by 1.2% in the EU, compared with February
2021, according to estimates from Eurostat, the statistical office of the European Union. In February 2021, prices
increased by 0.5% in the euro area and by 0.6% in the EU.
In March 2021, compared with March 2020, industrial producer prices increased by 4.3% in the euro area and by 4.5% in the EU.
Monthly comparison
Industrial producer prices in the euro area in March 2021, compared with February 2021, increased by 2.0% in the
energy sector, by 1.3% for intermediate goods, by 0.8% for non-durable consumer goods, by 0.3% for capital goods and by 0.2% for durable consumer goods.
Prices in total industry excluding energy increased by 0.9%.
In the EU, industrial producer prices increased by 1.9% in the energy sector, by 1.5% for intermediate goods, by 0.8% for non-durable consumer goods, by 0.3% for capital goods and by 0.2% for durable consumer goods. Prices in total industry excluding energy increased by 0.9%.
The highest increases in industrial producer prices were recorded in Ireland (+7.9%), Spain (+2.5%) and Portugal
(+2.3%), while the only decrease was observed in Estonia (-1.6%).
Annual comparison
Industrial producer prices in the euro area in March 2021, compared with March 2020, increased by 10.3% in the energy sector, by 4.4% for intermediate goods, by 1.4% for durable consumer goods, by 1.1% for capital goods and by 0.4% for non-durable consumer goods. Prices in total industry excluding energy increased by 2.3%.
In the EU, industrial producer prices increased by 10.9% in the energy sector, by 4.6% for intermediate goods, by 1.6% for durable consumer goods, by 1.1% for capital goods and by 0.4% for non-durable consumer goods. Prices in total industry excluding energy increased by 2.5%.
The highest increases in industrial producer prices were recorded in Ireland (+21.2%), Denmark (+10.4%) and Belgium (+9.3%), while the only decreases were observed in Cyprus (-3.0%) and Slovakia (-0.6%).
