Industrial producer prices up by 0.5% in both the euro area and the EU (2024)

Euro indicators 5 August 2024 Next release: 4 September 2024

June 2024 compared with May 2024

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Down by 3.2% in the euro area and by 3.1% in the EU compared with June 2023

Overview

In June 2024, compared with May 2024, industrial producer prices increased by 0.5% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In May 2024, industrial producer prices fell by 0.2% in both the euro area and the EU.

In June 2024, compared with June 2023, industrial producer prices decreased by 3.2% the euro area and by 3.1% in the EU.

Industrial producer prices up by 0.5% in both the euro area and the EU (1)

Monthly comparison by main industrial grouping and by Member State

In the euro area in June 2024, compared with May 2024, industrial producer prices

  • increased by 0.1% for intermediate goods,

  • increased by 1.6% for energy,

  • increased by 0.1% for capital goods,

  • remained stable for durable consumer goods,

  • increased by 0.1% for non-durable consumer goods.

Prices in total industry excluding energy increased by 0.1%.

In the EU, industrial producer prices

  • remained stable for intermediate goods,

  • increased by 1.6% for energy,

  • increased by 0.1% for capital goods,

  • increased by 0.1% for durable consumer goods,

  • increased by 0.1% for non-durable consumer goods.

Prices in total industry excluding energy increased by 0.1%.

The highest monthly increases in industrial producer prices were recorded in Estonia (+2.2%), Spain and Romania (both +1.9%) and Greece (+1.8%). The largest decreases were observed in Bulgaria (-1.0%), Czechia, France and Finland (each -0.3%).

Annual comparison by main industrial grouping and by Member State

In the euro area in June 2024, compared with June 2023, industrial producer prices

  • decreased by 2.2% for intermediate goods,

  • decreased by 9.4% for energy,

  • increased by 1.6% for capital goods,

  • increased by 0.4% for durable consumer goods,

  • increased by 1.2% for non-durable consumer goods.

Prices in total industry excluding energy decreased by 0.1%.

In the EU, industrial producer prices

  • decreased by 2.3% for intermediate goods,

  • decreased by 8.3% for energy,

  • increased by 1.7% for capital goods,

  • increased by 0.1% for durable consumer goods,

  • increased by 1.1% for non-durable consumer goods.

Prices in total industry excluding energy decreased by 0.2%.

The largest annual decreases in industrial producer prices were recorded in Slovakia (-19.0%), France (-6.0%) and Poland (-5.7%). The highest increases were observed in Luxembourg (+19.1%), Portugal (+2.4%) and Czechia (+1.0%).

Tables

Industrial producer prices on the domestic market

% change compared with previous month

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

Euro area

Total industry

-0.9

-1.0

-0.6

-0.9

-0.2

0.5

Total industry excluding energy

0.3

0.1

0.3

0.3

0.1

0.1

Intermediate goods

-0.1

-0.1

0.2

0.3

0.1

0.1

Energy

-2.9

-3.6

-2.3

-3.6

-1.1

1.6

Capital goods

0.6

0.3

0.1

0.1

0.1

0.1

Durable consumer goods

-0.2

0.4

0.2

0.2

-0.3

0.0

Non-durable consumer goods

0.3

0.2

0.6

0.2

0.1

0.1

EU

Total industry

-0.8

-1.0

-0.6

-0.7

-0.2

0.5

Total industry excluding energy

0.3

0.1

0.3

0.2

0.2

0.1

Intermediate goods

-0.1

-0.1

0.2

0.3

0.1

0.0

Energy

-2.5

-3.2

-2.5

-2.5

-1.2

1.6

Capital goods

0.5

0.4

0.1

0.1

0.2

0.1

Durable consumer goods

-0.1

0.3

0.2

0.2

-0.3

0.1

Non-durable consumer goods

0.2

0.2

0.5

0.2

0.2

0.1

Source dataset: sts_inppd_m

Industrial producer prices up by 0.5% in both the euro area and the EU (2)

Industrial producer prices on the domestic market

% change compared with previous month

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

Euro area

-0.9

-1.0

-0.6

-0.9

-0.2

0.5

EU

-0.8

-1.0

-0.6

-0.7

-0.2

0.5

Belgium

-0.5

0.9

-0.2

0.2

-1.6

1.0

Bulgaria

-1.8

-1.5

-3.4

-0.8

4.5

-1.0

Czechia

2.4

0.5

0.0

0.2

-1.2

-0.3

Denmark

0.1

-2.8

-2.3

2.8

-0.7

1.4

Germany

0.2

-0.4

0.2

0.2

-0.1

0.1

Estonia

5.3

-7.2

-0.9

-0.3

2.1

2.2

Ireland

4.0

-4.2

0.9

0.8

7.7

-0.1

Greece

0.7

-1.6

-2.3

-1.8

-2.9

1.8

Spain

0.2

-2.6

-2.2

-0.3

0.9

1.9

France

-1.0

-1.5

-1.2

-3.6

-1.6

-0.3

Croatia

-0.9

0.1

0.2

-1.9

-4.1

0.9

Italy

-2.5

-1.5

-0.4

-1.4

0.3

1.0

Cyprus

-1.6

0.0

-0.6

0.2

0.5

0.1

Latvia

1.2

-3.0

-1.1

-0.1

0.4

0.4

Lithuania

6.5

-3.3

-2.0

0.0

-1.6

0.4

Luxembourg

-0.8

0.8

-0.4

-1.1

0.0

0.1

Hungary

-1.2

0.7

-0.3

-0.3

-0.9

1.2

Malta

0.3

0.0

0.0

0.0

-0.1

0.0

Netherlands

-0.6

0.1

0.1

-0.5

-0.2

0.2

Austria

-2.2

-0.9

-1.3

-0.8

0.3

0.2

Poland

-3.0

0.3

-0.3

0.2

-0.2

0.6

Portugal

0.8

0.3

-0.5

-0.3

0.2

1.6

Romania

-0.4

-1.2

-2.6

-0.2

0.6

1.9

Slovenia

-0.2

-1.1

-0.1

0.1

0.1

-0.2

Slovakia

-14.3

-5.6

-0.5

-0.5

0.5

1.4

Finland

0.7

-0.8

-0.4

0.3

-0.9

-0.3

Sweden

1.1

-1.3

0.9

-0.6

-1.8

-0.1

Norway

0.4

-0.7

1.2

0.0

-1.7

-0.2

Switzerland

0.4

0.2

0.1

0.0

0.4

0.0

Source dataset: sts_inppd_m

Industrial producer prices up by 0.5% in both the euro area and the EU (3)

Industrial producer prices on the domestic market

% change compared with same month of previous year

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

Euro area

Total industry

-8.0

-8.3

-7.8

-5.6

-4.1

-3.2

Total industry excluding energy

-1.2

-1.3

-1.3

-0.9

-0.4

-0.1

Intermediate goods

-5.4

-5.4

-4.8

-3.9

-2.9

-2.2

Energy

-19.9

-21.1

-20.2

-14.6

-11.3

-9.4

Capital goods

2.2

2.1

2.0

1.5

1.6

1.6

Durable consumer goods

1.1

1.1

1.0

1.0

0.3

0.4

Non-durable consumer goods

2.1

1.5

1.2

1.0

1.1

1.2

EU

Total industry

-7.8

-8.1

-7.6

-5.4

-3.9

-3.1

Total industry excluding energy

-1.3

-1.5

-1.4

-1.2

-0.6

-0.2

Intermediate goods

-5.7

-5.6

-5.0

-4.1

-3.0

-2.3

Energy

-18.9

-19.6

-18.8

-13.4

-10.2

-8.3

Capital goods

2.0

2.0

1.9

1.6

1.8

1.7

Durable consumer goods

0.6

0.4

0.3

0.5

-0.1

0.1

Non-durable consumer goods

1.7

1.3

0.9

0.6

0.9

1.1

Source dataset: sts_inppd_m

Industrial producer prices up by 0.5% in both the euro area and the EU (4)

Industrial producer prices on the domestic market

% change compared with same month of previous year

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

Euro area

-8.0

-8.3

-7.8

-5.6

-4.1

-3.2

EU

-7.8

-8.1

-7.6

-5.4

-3.9

-3.1

Belgium

-15.7

-12.2

-11.6

-2.6

-2.3

0.8

Bulgaria

-17.8

-12.1

-12.8

-10.6

-4.2

-2.8

Czechia

-1.9

-1.0

0.0

1.4

1.0

1.0

Denmark

-4.0

-5.9

-6.9

-4.4

-4.2

-2.9

Germany

-4.5

-4.1

-2.9

-3.2

-2.3

-1.9

Estonia

-0.6

-7.7

-7.7

-7.0

-3.8

-2.3

Ireland

-21.5

-24.2

-19.8

-13.7

0.4

-3.5

Greece

-7.9

-6.3

-1.3

-3.3

-3.8

-2.4

Spain

-4.0

-8.6

-8.2

-6.7

-4.5

-3.5

France

-4.8

-5.3

-8.2

-6.6

-6.7

-6.0

Croatia

-1.1

-1.7

-2.0

-2.0

-4.4

-4.8

Italy

-14.0

-14.2

-12.7

-8.0

-4.9

-3.5

Cyprus

-3.6

-3.7

-4.2

-4.2

-3.0

-2.8

Latvia

-11.9

-13.6

-12.1

-9.2

-6.7

-4.0

Lithuania

-2.7

-6.3

-5.4

-2.5

-1.8

-1.2

Luxembourg

16.5

17.2

16.5

16.7

17.7

19.1

Hungary

-7.8

-5.9

-5.4

-5.0

-3.9

-0.3

Malta

0.8

0.7

0.7

0.8

0.5

0.2

Netherlands

-10.1

-10.1

-8.2

-5.1

-3.6

-3.0

Austria

-11.7

-10.5

-10.3

-8.6

-6.5

-5.1

Poland

-11.0

-10.0

-9.9

-8.3

-6.8

-5.7

Portugal

-1.9

-2.4

-1.7

-1.1

0.3

2.4

Romania

-8.0

-9.0

-11.0

-5.7

-2.2

0.9

Slovenia

0.3

-3.4

-3.7

-3.8

-3.1

-2.7

Slovakia

-12.1

-25.5

-24.6

-22.8

-20.7

-19.0

Finland

-4.5

-4.5

-4.3

-2.1

0.0

-0.9

Sweden

-1.4

-1.5

-0.4

0.6

1.3

-0.1

Norway

4.2

2.6

2.8

3.1

2.8

2.4

Switzerland

2.3

1.9

1.6

1.6

1.0

0.8

Source dataset: sts_inppd_m

Industrial producer prices up by 0.5% in both the euro area and the EU (5)

Industrial producer prices indices on the domestic market for total industry
(base year 2021)

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

Euro area

126.5

125.2

124.5

123.4

123.1

123.7

EU

127.9

126.6

125.9

125.0

124.7

125.3

Belgium

126.1

127.2

127.0

127.2

125.2

126.4

Bulgaria

123.7

121.8

117.7

116.7

122.0

120.8

Czechia

131.7

132.4

132.4

132.7

131.1

130.7

Denmark

144.1

140.1

136.9

140.8

139.8

141.7

Germany

128.5

128.0

128.2

128.4

128.3

128.4

Estonia

138.0

128.0

126.9

126.5

129.1

132.0

Ireland

92.0

88.1

88.9

89.6

96.5

96.4

Greece

126.0

124.0

121.2

119.0

115.5

117.6

Spain

126.3

123.0

120.3

119.9

121.0

123.3

France

130.3

128.3

126.7

122.2

120.3

119.9

Croatia

132.3

132.4

132.7

130.2

124.8

125.9

Italy

123.6

121.8

121.3

119.6

119.9

121.1

Cyprus

124.6

124.6

123.8

124.0

124.6

124.7

Latvia

145.7

141.4

139.8

139.6

140.2

140.8

Lithuania

145.4

140.6

137.8

137.8

135.6

136.1

Luxembourg

155.2

156.4

155.8

154.1

154.1

154.2

Hungary

179.7

180.9

180.3

179.8

178.2

180.4

Malta

108.9

108.9

108.9

108.9

108.8

108.8

Netherlands

122.6

122.7

122.8

122.2

121.9

122.2

Austria

123.6

122.5

120.9

119.9

120.2

120.4

Poland

125.0

125.4

125.0

125.3

125.0

125.8

Portugal

117.7

118.1

117.5

117.1

117.3

119.2

Romania

161.1

159.1

155.0

154.7

155.6

158.5

Slovenia

131.7

130.2

130.1

130.2

130.3

130.1

Slovakia

140.5

132.7

132.1

131.4

132.1

134.0

Finland

119.6

118.6

118.1

118.5

117.4

117.0

Sweden

119.1

117.6

118.6

117.9

115.8

115.7

Norway

137.7

136.7

138.3

138.3

135.9

135.6

Switzerland

112.3

112.5

112.6

112.6

113.1

113.1

Source dataset: sts_inppd_m

Industrial producer prices up by 0.5% in both the euro area and the EU (6)

Industrial producer prices indices on the domestic market for total industry

excluding energy (base year 2021)

Jan-24

Feb-24

Mar-24

Apr-24

May-24

Jun-24

Euro area

117.4

117.5

117.8

118.1

118.2

118.3

EU

117.7

117.8

118.1

118.3

118.5

118.6

Belgium

121.1

122.4

123.6

124.8

124.6

125.1

Bulgaria

128.4

128.9

129.2

129.8

130.2

130.3

Czechia

119.2

119.8

120.3

120.4

119.7

119.6

Denmark

117.3

117.3

117.9

118.0

118.1

118.0

Germany

118.3

118.3

118.6

118.9

119.1

119.2

Estonia

119.0

118.8

118.9

120.3

120.5

120.3

Ireland

108.7

111.7

111.9

111.9

111.9

111.6

Greece

112.7

112.8

112.8

113.2

113.3

113.3

Spain

118.0

118.1

118.4

118.3

118.5

118.5

France

116.8

116.8

117.1

117.1

117.4

117.4

Croatia

115.6

115.4

116.0

116.2

116.1

116.8

Italy

114.3

114.1

114.2

114.4

114.5

114.6

Cyprus

119.5

119.5

119.5

119.6

119.7

119.8

Latvia

127.0

127.3

127.2

127.6

127.7

127.5

Lithuania

125.2

125.1

124.0

124.6

123.7

123.6

Luxembourg

107.7

108.6

108.2

108.5

108.5

108.7

Hungary

139.9

140.8

141.5

141.6

141.8

142.5

Malta

119.5

119.5

119.5

119.5

119.3

119.4

Netherlands

118.8

119.3

119.9

120.0

119.7

119.7

Austria

115.3

115.6

116.0

116.4

116.8

116.8

Poland

115.0

114.8

115.0

114.8

114.8

115.2

Portugal

121.2

121.4

121.4

121.9

122.0

122.3

Romania

126.0

126.4

127.1

127.5

127.7

128.0

Slovenia

123.7

123.7

123.6

123.7

124.1

123.7

Slovakia

118.0

117.1

117.4

117.2

117.9

117.7

Finland

116.6

116.7

117.1

117.4

117.9

117.9

Sweden

121.0

121.7

122.1

123.2

124.5

124.3

Norway

128.4

129.2

129.2

129.9

130.1

130.1

Switzerland

108.0

108.0

108.0

107.9

108.0

108.1

Source dataset: sts_inppd_m

Industrial producer prices up by 0.5% in both the euro area and the EU (7)

Notes for users

Revisions and timetable

Compared with data issued in the News Release of 3 July 2024, the monthly percentage decrease for May 2024 remained unchanged at -0.2% in the euro area and has been revised from -0.3% to -0.2% in the EU. The annual percentage decreases have been revised from -4.2% to -4.1% in the euro area and from -4.0% to -3.9% in the EU.

Methods and definitions

The index of producer prices shows (in the national currency of the country concerned) changes in the ex-works sale prices of all products sold on the domestic market, excluding imports. Euro area and EU indices refer to overall weighted price changes. The figures are not calendar day or seasonally adjusted.

Total industry covers NACE rev.2 sections B to D + E36.

Starting with reference period January 2024, the base year of the data has been changed to 2021, since 2018 the base year had been 2015. More information on the reasons for and impact of the base year change can be found in the related Statistics Explained article.

Geographical information

The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

For more information

  • Eurostat database section on short-term business statistics

  • Statistics Explained article on the industrial producer price index

  • The weights of the Member States in the EU and euro area aggregates
    (See file Base year 2021 weights - Euro indicators releases)

  • Euro indicators dashboard

  • Release calendar for Euro indicators

  • European Statistics Code of Practice

Get in touch

Media requests

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Phone: (+352) 4301 33 408

E-mail: eurostat-mediasupport@ec.europa.eu

Further information on data

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'; /** Retrieve the order from the tooltip option */ var sortOrder = option.tooltip.order; /** Sort the 'params' array based on the 'sortOrder' parameter. */ switch (sortOrder) { /** Sort by series name in ascending order. */ case 'seriesAsc': params = params.sort((a, b) => a.seriesName.localeCompare(b.seriesName)); break; /** Sort by series name in descending order. */ case 'seriesDesc': params = params.sort((a, b) => b.seriesName.localeCompare(a.seriesName)); break; /** Sort by numerical value in ascending order. */ case 'valueAsc': params = params.sort((a, b) => parseFloat(a.value) - parseFloat(b.value)); break; /** Sort by numerical value in descending order. */ case 'valueDesc': params = params.sort((a, b) => parseFloat(b.value) - parseFloat(a.value)); break; /** Reverse the current order. */ case 'reverse': params.reverse(); break; default: break; } /** Iterate over each series in the tooltip parameters */ for (var i = 0; i < params.length; i++) { /** Retrieve the name and value of the current series */ var seriesName = params[i].seriesName; var value = params[i].value; /** Replace every specific apostrphe by simple one. */ seriesName = seriesName.replaceAll("’", "'"); /** Convert the numeric value to its string representation. */ var strValue = String(value); /** Retrieve the axis used as value */ var axis = option.yAxis.type === 'value' ? option.yAxis : option.xAxis; /** Initialize the number of decimal places */ var decimals = option.tooltip.decimals; /** Check if decimals configuration is set to default and the value contains decimal places */ if (!decimals && strValue.indexOf('.') > -1) { /** Calculate the number of decimal places */ decimals = strValue.substring(strValue.indexOf('.'), strValue.length - 1).length; } else { /** If there are no decimal places, format the value with 1 decimal place */ decimals = decimals ? decimals : 1; /** Convert the value to a fixed-point notation string with a specified number of decimal places. */ value = Number(value).toFixed(decimals); } /** Convert -0 value to 0 with the specified or calculated number of decimal places.*/ if (Number(value) == -0) { value = (Number(value) + 0).toFixed(decimals); } /** Extract the unit from within the axis label */ var unit = axis.axisLabel.unit ? axis.axisLabel.unit : ''; /** Format the value using the appropriate number of decimal places */ value = isNaN(value) ? 'N/A' : Number(value).toLocaleString(option.lang ? option.lang : 'en', { minimumFractionDigits: decimals }) + unit; /** Retrieve the color of the current series */ const color = params[i].color; /** * Add the series name and value to the tooltip content * Use a circle icon with the series color */ tooltipContent += '

' + '' + '' + '' + seriesName + '' + '' + '' + value + '' + '

'; } /** Close the tooltip content container */ tooltipContent += '

'; /** Return the formatted tooltip content */ return tooltipContent; }}/* * This content is licensed according to the W3C Software License at * https://www.w3.org/Consortium/Legal/2015/copyright-software-and-document * * File: sortable-table.js * * Desc: Adds sorting to a HTML data table that implements ARIA Authoring Practices */'use strict';class SortableTable { constructor(tableNode) { this.tableNode = tableNode; this.columnHeaders = tableNode.querySelectorAll('thead th.sortable'); this.sortColumns = []; for (var i = 0; i < this.columnHeaders.length; i++) { var ch = this.columnHeaders[i]; var buttonNode = ch.querySelector('button'); if (buttonNode) { this.sortColumns.push(i); // buttonNode.setAttribute('data-column-index', i); // buttonNode.addEventListener('click', this.handleClick.bind(this)); ch.setAttribute('data-column-index', i); ch.addEventListener('click', this.handleClick.bind(this)); } } this.optionCheckbox = document.querySelector( 'input[type="checkbox"][value="show-unsorted-icon"]' ); if (this.optionCheckbox) { this.optionCheckbox.addEventListener( 'change', this.handleOptionChange.bind(this) ); if (this.optionCheckbox.checked) { this.tableNode.classList.add('show-unsorted-icon'); } } } setColumnHeaderSort(columnIndex) { if (typeof columnIndex === 'string') { columnIndex = parseInt(columnIndex); } for (var i = 0; i < this.columnHeaders.length; i++) { var ch = this.columnHeaders[i]; var buttonNode = ch.querySelector('button'); if (i === columnIndex) { var value = ch.getAttribute('aria-sort'); if (value === 'ascending') { ch.setAttribute('aria-sort', 'descending'); this.sortColumn( columnIndex, 'descending', ch.classList.contains('num')); } else if (value === 'descending') { ch.removeAttribute('aria-sort'); this.sortColumn( columnIndex, 'initial', true ); } else { ch.setAttribute('aria-sort', 'ascending'); this.sortColumn( columnIndex, 'ascending', ch.classList.contains('num') ); } } else { if (ch.hasAttribute('aria-sort') && buttonNode) { ch.removeAttribute('aria-sort'); } } } } sortColumn(columnIndex, sortValue, isNumber) { function compareValues(a, b) { if (a.value === b.value) return 0; if (sortValue === 'descending') { return isNumber ? b.value - a.value : (a.value > b.value ? -1 : 1); } else { return isNumber ? a.value - b.value : (a.value < b.value ? -1 : 1); } } if (typeof isNumber !== 'boolean') { isNumber = false; } var tbodyNode = this.tableNode.querySelector('tbody'); var rowNodes = []; var dataCells = []; var rowNode = tbodyNode.firstElementChild; var index = 0; while (rowNode) { rowNodes.push(rowNode); var rowCells = rowNode.querySelectorAll('th, td'); var dataCell = rowCells[columnIndex]; var data = {}; data.index = index; if (sortValue !== 'initial') { data.value = dataCell.textContent.toLowerCase().trim(); } else { data.value = rowNode.getAttribute('initial-position').toLowerCase().trim(); } if (isNumber) { data.value = parseFloat(data.value); } dataCells.push(data); rowNode = rowNode.nextElementSibling; index += 1; } dataCells.sort(compareValues); // remove rows while (tbodyNode.firstChild) { tbodyNode.removeChild(tbodyNode.lastChild); } // add sorted rows for (var i = 0; i < dataCells.length; i += 1) { let pos = [dataCells[i].index]; if (sortValue === "initial") { rowNodes[pos].classList.remove("sorted"); } else { rowNodes[pos].classList.add("sorted"); } tbodyNode.appendChild(rowNodes[pos]); } } /* EVENT HANDLERS */ handleClick(event) { var tgt = event.currentTarget; this.setColumnHeaderSort(tgt.getAttribute('data-column-index')); } handleOptionChange(event) { var tgt = event.currentTarget; if (tgt.checked) { this.tableNode.classList.add('show-unsorted-icon'); } else { this.tableNode.classList.remove('show-unsorted-icon'); } }}$(document).ready(function() { load(); });;}());

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Industrial producer prices up by 0.5% in both the euro area and the EU (2024)

FAQs

Industrial producer prices up by 0.5% in both the euro area and the EU? ›

Overview. In June 2024, compared with May 2024, industrial producer prices increased by 0.5% in both the euro area

euro area
The euro area, commonly called the eurozone (EZ), is a currency union of 20 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender, and have thus fully implemented EMU policies. Euro area. Austria.
https://en.wikipedia.org › wiki › Eurozone
and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In May 2024, industrial producer prices fell by 0.2% in both the euro area and the EU.

What is the producer price in the eurozone? ›

ActualPreviousUnit
123.70123.10points

What is the producer price index of Europe? ›

European Union Producer Price Index is at a current level of 121.50, down from 121.80 last month and down from 128.00 one year ago. This is a change of -0.25% from last month and -5.08% from one year ago.

What is the industrial production index in the euro area? ›

Eurozone Industrial Production Index is at a current level of 106.00, up from 103.30 last month and up from 104.90 one year ago.

What is predatory pricing in the EU? ›

In the EU, prices < average variable cost (AVC) is presumed to be predatory following France Telecom, Case C-202/07 P [110-112]), while in the US, prices < AVC is only predatory if there is proof of probable recoupment (following Brooke Group v Brown & Williamson Tobacco Co., 509 US 209 [214-225]).

What is the producer price? ›

The Producer Price Index (PPI) measures the average change over time in the prices domestic producers receive for their output. It is a measure of inflation at the wholesale level that is compiled from thousands of indexes measuring producer prices by industry and product category.

What does the Industrial Production Index tell us? ›

Industrial production index measures changes in industrial production and is widely used for the observation and analysis of the current economic activity. Monthly survey on industrial production of index allows identifying the turning points in economic development at an early stage.

What is the EU index? ›

The MSCI European Union (EU) Index captures large and mid cap representation across the 13 Developed Markets (DM) countries and 4 Emerging Markets (EM) countries in Europe*. With 311 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in the European equity universe.

What is the producer price index for industrial commodities? ›

US Producer Price Index: Industrial Commodities is at a current level of 255.64, up from 255.31 last month and up from 253.77 one year ago. This is a change of 0.13% from last month and 0.73% from one year ago.

What is producer currency pricing? ›

PCP is the pricing behavior in which export prices are set (and are sticky) in the home currency of the exporter. Because markets are assumed not to be segmented, the law of one price permanently holds.

What is the producer price index in France? ›

France: Price
ReferencePrevious
Consumer Price Index (CPI)Jun 2024119.71
Producer Price Index (PPI)Jun 2024118.1

What is the producer's equilibrium price? ›

Producer's Equilibrium when Price remains Constant

Under conditions of perfect competition, the price remains constant. We know that price is equal to AR. Further, the revenue from every additional unit is also equal to AR, when the price is constant. The AR curve coincides with the MR curve.

Why is produce cheaper in Europe than us? ›

European governments subsidize fresh, wholesome food production. In the US, the government subsidizes mostly big farm production, for sugar, wheat, flour, corn, dairy and soybeans, with limited if any support for seafood, organic animal products, or fresh produce.

References

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