Analytics, EU – Baltic States, Industry, Markets and Companies
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Saturday, 27.04.2024, 05:43
Producer prices decreased by 1.2% in January in EU
Only Luxembourg and Malta saw increases in producer prices in January – by 0.1% each, while the producer price level in Romania and Slovakia remained unchanged.
The largest monthly reduction in producer prices was registered in the Netherlands – by 3.6%, followed by Lithuania – by 3.1%, and Great Britain – 2.9%.
In Estonia, producer prices reduced by 1.2% in January.
In all the EU member states for which data are available, producer prices decreased 1.2% in January from December, and the eurozone recorded a 0.9% drop.
Compared to January 2014, producer prices in the EU decreased 4.1% and in the eurozone 3.4%.
In year-on-year comparison, producer prices in Latvia reduced by 0.1% in January.
The greatest decreases were registered in the Netherlands – 10.9%, Lithuania – 10.6%, and Great Britain – by 9.5%.
Producer prices in Estonia, year-on-year, decreased by 3.3% in January.