Chemical producer prices in February rise in the EU, eurozone

04 April 2013 11:21  [Source: ICIS news]

LONDON (ICIS)--Chemical producer prices in the EU increased by 0.3% in February 2013 compared with the previous month, statistics agency Eurostat said on Thursday.

In the eurozone area, the chemicals producer price index in February increased by 0.2% month on month, it added.

On a year-on-year basis, the chemicals producer price index rose by 1.1% in both the EU and the eurozone.

The industrial producer price index for total industry in February rose by 0.4% month on month in the EU and by 0.2% in the eurozone.

“Among the member states for which data are available, the highest increases in the total index were observed in the UK (+2.0%), Greece (+1.7%), Hungary (+1.2%) and Ireland (+0.8%).

"Decreases were recorded in Slovakia (-0.6%), Latvia (-0.3%) and Germany (-0.1%),” Eurostat said.

Compared with the same month in 2012, February prices for total industry were up by 1.3% in both the EU and the eurozone.

"Among the member states for which data are available, the largest increases in the total index were observed in Estonia (+9.7%), Romania (+6.5%), Belgium (+4.2%) and Cyprus (+2.8%).

"Decreases were recorded in Sweden (-1.6%) and Austria (-0.5%),” the statistics agency added.

February 2013 vs.
January 2013

February 2013 vs. February 2012

EU chemicals

0.3%

1.1%

eurozone chemicals

0.2%

1.1%

EU industry

0.4%

1.3%

eurozone industry

0.2%

1.3%

Source: Eurostat


By: Franco Capaldo
+44 (0)20 8652 3214



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