Brussels: The eurozone's industrial producer prices increased by 0.4% on a monthly basis in October, according to the first estimates released by Eurostat, the regional statistical bureau, on Wednesday. This rise in prices comes after a 0.6% decrease observed in September, indicating a shift in the price trend within the eurozone's industrial sector. According to Anadolu Agency, the industrial producer prices for energy experienced a notable increase of 1.4%, while durable consumer goods and non-durable consumer goods saw rises of 0.3% and 0.2% respectively. However, the prices for intermediate goods slightly declined by 0.1%, and the prices for capital goods remained stable with no change in October. In the broader European Union (EU), industrial producer prices also climbed by 0.4% compared to September, mirroring the trend seen in the eurozone. The EU saw energy prices increase by 1.1%, with durable and non-durable consumer goods rising by 0.3% and 0.2%, respectively. The prices for intermediate goods de creased by 0.1%, while capital goods prices held steady. Estonia and Italy led the EU member states with the highest monthly industrial producer price hikes, each at 1%. France and Sweden followed with increases of 0.9% and 0.8% respectively in October. Conversely, Bulgaria experienced the largest monthly decrease in industrial producer prices, falling by 2.9%, followed by Slovakia and Romania, which saw declines of 2.0% and 1.5% respectively. On an annual basis, both the eurozone and the EU observed declines in industrial prices, with decreases of 3.2% and 3% respectively, highlighting broader trends in the industrial sector over the past year.