ADANA: The monthly increase in industrial producer prices in the euro area was at 0.6% in August, Eurostat revealed on Thursday, while the rate was at 0.4% for the EU. On a yearly basis, producer prices went down by 2.3% in the euro area and 2.1% in the EU in August, the 27-member bloc's statistical office stated. Month-on-month, in the euro area, industrial producer prices decreased by 0.1% for intermediate goods, while increased by 1.9% for energy and 0.1% for capital goods, and remained stable for durable consumer goods, and non-durable consumer goods. In the EU, prices decreased by 0.1% for both intermediate goods and durable consumer goods, and increased by 0.1% for non-durable consumer goods, 0.2% for capital goods, and 1.1% for energy. The highest monthly increase in industrial producer prices was seen in Estonia (2.2%), and the largest decrease was observed in Ireland (3.8%). On a yearly basis, prices in the euro area decreased by 0.8% for intermediate goods and 7.7% for energy, while increased b y 0.3% for durable consumer goods, 1.1% for non-durable consumer goods and 1.4% for capital goods. In the EU, prices decreased by 0.8% for intermediate goods and 7% for energy, while increased by 0.1% for durable consumer goods, 1% for non-durable consumer goods, and 1.7% for capital goods. Slovakia posted the largest annual decrease in industrial producer prices (18.3%), and Romania saw the highest increase (2.8%). Source: Anadolu Agency
Recent Post
Turkish President Erdogan to Attend 81st UN General Assembly in New York
September 19, 2026
Israeli Fire Claims Four More Lives Amid Gaza Ceasefire Breaches
September 19, 2026