STAT/03/123 31 October 2003 September 2003 Industrial producer prices stable in euro-zone and EU15 The euro-zone 1 industrial producer price index 2 remained unchanged in September 2003 compared with the previous month, Eurostat - Statistical Office of the European Communities - estimates today. EU15 prices also remained unchanged. In August 2003 3 prices rose by 0.2% in both zones. In September 2003 compared to September 2002, industrial producer prices increased by 1.1% in both the eurozone and the EU15. Euro-zone and EU15 producer prices, total industry excluding construction 105 Euro-zone EU15 104 103 102 101 100 09-2001 10-2001 11-2001 12-2001 01-2002 02-2002 03-2002 04-2002 05-2002 06-2002 07-2002 08-2002 09-2002 10-2002 11-2002 12-2002 01-2003 02-2003 03-2003 04-2003 05-2003 06-2003 07-2003 08-2003 09-2003 2000=100
Monthly changes In September 2003, compared to the previous month, prices in total industry remained unchanged in both the eurozone and the EU15. Excluding the energy sector, prices rose by 0.1% in both zones. Energy fell by 0.7% in the euro-zone and by 0.5% in the EU15. Non-durable consumer goods rose by 0.4% in the euro-zone and by 0.3% in the EU15, and capital goods, durable consumer and intermediate goods all increased by 0.1% in both zones. Euro-zone Apr 03 May 03 Jun 03 Jul 03 Aug 03 Sep 03 Total industry excluding construction -0.5-0.4 0.0 0.1 0.2 0.0 Total industry excluding construction and energy 0.1 0.0-0.1-0.1 0.0 0.1 Intermediate goods 0.1-0.1-0.3-0.3-0.1 0.1 Energy -3.4-1.8 0.5 0.7 1.2-0.7 Capital goods 0.0 0.0 0.0 0.0 0.0 0.1 Durable consumer goods 0.1 0.1 0.0 0.1 0.0 0.1 Non-durable consumer goods 0.1 0.0-0.1 0.2 0.1 0.4 EU15 ' ' ' ' ' ' Total industry, excluding construction -0.6-0.4-0.1 0.1 0.2 0.0 Total industry excluding construction and energy 0.1 0.0-0.1 0.0 0.0 0.1 Intermediate goods 0.2-0.1-0.3-0.2-0.1 0.1 Energy -3.0-2.2-0.2 0.5 1.3-0.5 Capital goods 0.0 0.0 0.0 0.0 0.0 0.1 Durable consumer goods 0.1 0.1 0.0 0.2 0.0 0.1 Non-durable consumer goods 0.1 0.1 0.0 0.2 0.1 0.3 In September 2003, and among the Member States for which data are available, the highest increases were registered in Ireland (+0.3%) and Belgium (+0.2%), while prices in Germany and Sweden remained unchanged. The highest decreases were registered in Portugal and Finland (both -0.4%) and the Netherlands (-0.3%). in euro-zone, EU15 and Member States Total industry, excluding construction Apr 03 May 03 Jun 03 Jul 03 Aug 03 Sep 03 Euro-zone -0.5-0.4 0.0 0.1 0.2 0.0 EU15-0.6-0.4-0.1 0.1 0.2 0.0 Belgium 0.3-0.4-0.5-0.7-0.5 0.2 Denmark -1.3-0.3-0.7-1.2 0.8 : Germany -0.2-0.3-0.1 0.3 0.1 0.0 Greece -0.9-0.2 0.2 0.5 : : Spain -1.0-0.5-0.1 0.2 0.2 0.1 France -0.7-0.4 0.0 0.1 0.2-0.1 Ireland 0.2-0.9-0.5 0.0 0.2 0.3 Italy -0.6-0.3-0.1 0.2 0.3-0.1 Luxembourg 0.4 1.4-0.3-0.3-0.1 0.1* Netherlands -1.2-0.7 0.8-1.2 1.3-0.3 Austria 4 : : : : : : Portugal 0.3 0.0-0.3-1.3 0.3-0.4 Finland -1.1-0.4-0.1 0.1 0.2-0.4 Sweden -1.3-0.8-0.3 0.2 0.2 0.0 United Kingdom -0.6-0.5-0.5 0.2 0.3 0.1
Annual changes In September 2003, as compared to September 2002, energy rose by 2.3% in the euro-zone and 2.7% in the EU15. Excluding the energy sector, prices for total industry increased by 0.7% and 0.8% respectively. Non-durable consumer goods gained 1.6% in both zones and durable consumer goods increased by 1.0% in the euro-zone and by 1.1% in the EU15. Capital goods grew by 0.4% in the euro-zone and by 0.3% in the EU15 and intermediate goods increased by 0.2% and 0.5% respectively. Euro-zone Apr 03 May 03 Jun 03 Jul 03 Aug 03 Sep 03 Total industry excluding construction 1.7 1.3 1.4 1.3 1.4 1.1 Total industry excluding construction and energy 1.1 1.0 0.9 0.6 0.6 0.7 Intermediate goods 1.6 1.3 0.8 0.3 0.1 0.2 Energy 3.2 1.7 3.1 3.7 4.4 2.3 Capital goods 0.4 0.4 0.4 0.3 0.4 0.4 Durable consumer goods 0.7 0.7 0.8 1.0 0.8 1.0 Non-durable consumer goods 1.4 1.4 1.4 1.4 1.4 1.6 EU15 ' ' ' ' ' ' Total industry excluding construction 1.7 1.3 1.3 1.3 1.4 1.1 Total industry excluding construction and energy 1.1 1.1 0.9 0.7 0.7 0.8 Intermediate goods 1.7 1.4 1.0 0.6 0.4 0.5 Energy 3.6 2.3 3.1 3.7 4.5 2.7 Capital goods 0.2 0.2 0.2 0.2 0.2 0.3 Durable consumer goods 0.8 0.8 0.9 1.1 0.9 1.1 Non-durable consumer goods 1.4 1.4 1.4 1.4 1.4 1.6 In September 2003, compared with September 2002, industrial prices rose in all Member States for which data are available, except in Belgium (-0.6%), Portugal (-0.3%) and Finland (-0.2%). The highest increases were registered in Sweden (+7.5%), Luxembourg (+2.5%) and the Netherlands (+2.3%). in euro-zone, EU15 and Member States Total industry, excluding construction Apr 03 May 03 Jun 03 Jul 03 Aug 03 Sep 03 Euro-zone 1.7 1.3 1.4 1.3 1.4 1.1 EU15 1.7 1.3 1.3 1.3 1.4 1.1 Belgium 1.9 1.5 0.8 0.0-0.7-0.6 Denmark 4.0 3.7 2.4 1.1 1.7 : Germany 1.6 1.3 1.3 1.9 2.1 1.9 Greece 1.6 1.4 2.0 2.2 : : Spain 1.4 0.7 0.9 1.1 1.1 0.8 France 1.0 0.7 0.9 0.6 0.5 0.2 Ireland 1.6 0.2-0.2 0.2 0.7 0.8 Italy 2.0 1.6 1.5 1.3 1.4 1.0 Luxembourg 4.7 5.6 4.4 3.5 2.9 2.5* Netherlands 4.3 4.1 5.1 2.9 3.5 2.3 Austria 4 : : : : : : Portugal 2.0 1.1 0.8-0.4 0.1-0.3 Finland 0.3 0.3 0.6 0.5 0.8-0.2 Sweden 9.4 8.5 8.4 8.5 7.7 7.5 United Kingdom 0.3 0.1-0.1 0.1 0.4 0.4
1. Euro-zone: Belgium, Germany, Greece (since January 2001), Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland. 2. 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 markets of the various countries, excluding imports. Euro-zone and EU15 indices refer to overall weighted price changes. The figures are not adjusted. Missing data for the euro-zone and the EU15 are estimated. 3. Data of previous months have been revised compared to those issued in the News Release 114/2003 of 2 October 2003. The figures published in this News Release for August 2003 were the following: +0.2% in both the euro-zone and the EU15 for the monthly changes, and +1.4% in the euro-zone and +1.5% in the EU15 for the yearly changes. 4. The new national short term statistics regulation entered into force in April 2003. Statistics Austria is not in a position to supply data for the reporting month March 2003 onwards. Statistics Austria will deliver the data for 2003 as soon as possible. 5. Belgium, Denmark, Spain, France, Ireland, Italy, Austria, Portugal, Sweden and the United Kingdom are sending data with base year 2000. The series of the other Member States are rescaled to 2000=100 in order to allow comparison. Eurostat has changed to base year 2000. See for further details: http://europa.eu.int/comm/eurostat/public/datashop/print-product/en?catalogue=eurostat&product=ebt_rebasing-en&mode=download Industrial producer prices indices of the domestic market for total industry excluding construction (2000 = 100) ' 09/00 09/01 09/02 10/02 11/02 12/02 01/03 02/03 03/03 04/03 05/03 06/03 07/03 08/03 09/03 Euro-zone 101.5 102.3 102.5 102.7 102.4 102.7 103.7 104.2 104.3 103.8 103.4 103.4 103.5 103.7 103.7 EU15 101.1 101.9 102.1 102.4 102.2 102.8 103.7 104.1 104.1 103.5 103.1 103.0 103.0 103.3 103.3 BE 103.1 101 102.6 102.7 102.7 103.0 102.5 102.9 103.6 103.9 103.5 103.0 102.3 101.8 102.0 DK 102.6 106.6 109.2 110.5 109.3 109.2 113.5 114.2 113.9 112.4 112.1 111.3 110.0 110.9 : DE 101.4 103.4 102.5 102.8 102.6 102.8 104.2 104.6 104.7 104.5 104.2 104.1 104.4 104.5 104.5 EL 101.7 104.5 107.1 107.2 106.8 107.2 108.0 108.7 108.6 107.6 107.4 107.6 108.1 : : ES 101.3 102.0 103.0 103.2 102.6 102.7 103.8 104.4 105.0 103.9 103.4 103.3 103.5 103.7 103.8 FR 101.3 101.2 101.6 101.5 101.2 101.5 102.0 102.4 102.7 102.0 101.6 101.6 101.7 101.9 101.8 IE 101.5 103.0 104.9 105.3 105.0 105.8 105.8 106.0 106.5 106.7 105.7 105.2 105.2 105.4 105.7 IT 101.5 101.8 102.7 103.0 102.6 102.9 103.6 104.0 104.3 103.7 103.4 103.3 103.5 103.8 103.7 LU 99.8 101.2 106.2 105.9 105.4 105.6 104.4 107.4 107.7 108.0 109.6 109.2 108.9 108.8 108.9* NL 102.6 103.3 104.7 105.3 104.3 105.6 108.7 109.3 108.6 107.3 106.5 107.3 106.0 107.4 107.1 AT 4 102.2 100.6 99.5 99.5 99.0 99.2 99.9 100.4 : : : : : : : PT 101.1 103.3 103.5 103.8 103.3 103.0 104.5 105.1 104.7 105.0 105.0 104.7 103.3 103.6 103.2 FI 102.1 101.4 101.0 101.4 101.8 101.8 102.3 103.5 102.6 101.4 101.0 100.9 101.0 101.2 100.8 SE 100.3 105.0 106.8 108.4 110.3 115.3 116.5 117.0 117.2 115.7 114.8 114.4 114.6 114.8 114.8 UK 99.2 99.5 98.9 99.3 99.8 101.0 101.1 101.1 100.3 99.7 99.2 98.7 98.9 99.2 99.3 Issued by: Eurostat Press Office Philippe BAUTIER BECH Building L-2920 LUXEMBOURG Tel: +352-4301-33 444 Fax: +352-4301-35 349 eurostat-pressoffice@cec.eu.int For further information on data: Liselott ÖHMAN Tel: +352-4301-32 800 Fax: +352-4301-34 359 liselott.oehman@cec.eu.int Frédéric DONZEL Tel: +352-4301-32 025 Fax: +352-4301-34 359 frederic.donzel@cec.eu.int Eurostat news releases on the Internet: http://europa.eu.int/comm/eurostat/
Annex - Acceding Countries Total industry, excl construction Apr 03 May 03 Jun 03 Jul 03 Aug 03 Sep 03 Czech Republic -0.8-0.3-0.1-0.2 0.1 0.3 Estonia -0.1-0.5 0.1-0.2-0.2-0.2 Cyprus -0.4 0.6 0.2 0.4 0.6 : Latvia 0.4 0.1 0.2 0.1-0.2 0.1 Lithuania -2.5-1.2-0.3 0.1 0.6 0.2 Hungary -0.5-0.4 0.9 0.9 1.6 : Malta : : : : : : Poland : : : : : : Slovenia 0.3 0.5 0.1 0.0 0.0 0.3 Slovak Republic -0.2-0.5 0.0 0.2-0.2 0.1 Total industry, excl construction Apr 03 May 03 Jun 03 Jul 03 Aug 03 Sep 03 Czech Republic -0.7-0.8-0.8-0.5-0.3 0.0 Estonia -0.4-0.7-0.5-0.4-1.2-1.0 Cyprus 2.6 3.2 3.2 3.1 3.4 : Latvia 1.8 1.0 1.6 1.7 1.6 1.4 Lithuania -2.0-3.0-2.2-2.0-1.2-1.5 Hungary 3.4 2.7 4.1 4.4 5.6 : Malta : : : : : : Poland : : : : : : Slovenia 2.4 2.8 2.7 2.5 2.4 2.4 Slovak Republic 8.2 7.8 8.2 8.2 8.0 8.0