EU chemicals producer prices down 1% in July – Eurostat

04 September 2012 12:07  [Source: ICIS news]

LONDON (ICIS)--The EU chemicals producer price index decreased by 1.0%  in July from June, according to estimated eurostat figures released on Tuesday.

The index was also down by 0.7% month on month in the 17-member eurozone, the statistics agency added.

Compared with the same month in 2011, chemical producer prices in July were 1.6% higher in the eurozone, and 1.1% higher in the 27-member EU.

Total industrial producer prices were up by 0.4% in both the EU and the eurozone, the Eurostat data showed.

“The highest increases in the total index were recorded in Greece (+2.1%), Bulgaria (+1.9%) and Lithuania (+1.5%), and the largest decreases in Denmark (-1.6%), Ireland and Sweden (both -0.8%),” Eurostat said.

Year on year, industrial producer prices in July rose by 1.8% in the eurozone and 1.5% in the EU.

“The largest increases in the total index were observed in Cyprus (+6.9%), Hungary (+6.1%), Bulgaria and Romania (both +4.5%), and the smallest in Austria (+0.2%) and Malta (+0.7%). Decreases were recorded in Denmark (-0.9%), Sweden (-0.8%) and the United Kingdom (-0.3%),” the agency added.

EU, eurozone industrial and chemical producer prices


July 2012 vs.
June 2012

July 2012 vs. 
July 2011

EU chemicals

-1.0%

1.1%

Eurozone chemicals

-0.7%

1.6%

EU industry

0.4%

1.5%

Eurozone industry

0.4%

1.8%


Source: Eurostat


By: Tom Brown
+44 208 652 3214



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