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Friday, 26.04.2024, 10:56
Reductions of producer prices were registered in a majority EU countries in November
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The largest monthly reduction in producer prices was registered in Greece and Cyprus – by 1.4% each, followed by Ireland – by 1.3%, Estonia – by 1.2%, as well as Lithuania, Spain and the Netherlands – by 1.1% each.
Increases in producer prices was only registered in Slovakia – by 0.3%, but in Germany producer prices remained unchanged.
In all the EU member states for which data are available, producer prices decreased 0.4% in November from October, and the eurozone recorded a 0.3% drop.
Compared to November 2013, producer prices in the EU decreased 1.8% and in the eurozone 1.6%.
In year-on-year comparison, producer prices only increased in Romania, by 0.5%, and Bulgaria – by 0.3%.
The greatest decreases were registered in Lithuania – 6.6%, the Netherlands – 4.5%, and Denmark – by 4.2%.
Producer prices in Latvia, year-on-year, decreased 0.3% in November, but Estonia saw a 3% reduction.
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