EU industrial producer prices up 1.3% month-on-month in April

By Aysu Bicer

ANKARA (AA) - Industrial producer prices in the EU rose 1.3% month-on-month in April and 37% on an annual basis, the bloc’s statistical office said on Thursday.

The prices rose 3.9% for intermediate goods, 2.8% for non-durable consumer goods and 1% for capital goods and durable consumer goods, while they decreased 1.1% in the energy sector, Eurostat said.

“Prices in total industry excluding energy increased by 2.7%,” it said.

The highest monthly decreases in industrial producer prices were seen in Ireland (16.4%), Romania (3.2%), Portugal (2.2%) and Italy (0.3%), while the increases were observed in Slovakia (9.3%), Luxembourg (6.0%) and Bulgaria (4.1%).