Home breadcru News breadcru Economics breadcru  | Euro area's industrial producer prices drop by 12.4% YoY in Sep 2023

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Euro area's industrial producer prices drop by 12.4% YoY in Sep 2023

13 Nov '23
3 min read
Pic: Adobe Stock/kucheruk
Pic: Adobe Stock/kucheruk

Insights

  • In September 2023, industrial producer prices showed a significant yearly decrease with a **** per cent drop in the euro area and **** per cent in the European Union (EU).
  • Energy prices increased by **** per cent in the euro area and **** per cent in the EU.
  • Prices for durable and non-durable consumer goods remained mostly stable or decreased slightly.

In August ****, prices increased by *.* per cent in the euro area and by *.* per cent in the EU, according to estimates from Eurostat, the statistical office of the EU.

Industrial producer prices in the euro area in September ****, compared with August ****, increased by *.* per cent in the energy sector, while prices remained stable for durable consumer goods, and prices decreased by *.* per cent for both intermediate goods and non-durable consumer goods. Prices in total industry excluding energy decreased by *.* per cent.

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