EU chemicals producer prices fall 0.9% in April, Eurostat says

04 June 2013 11:37  [Source: ICIS news]

LONDON (ICIS)--Chemicals producer prices in the EU fell by 0.9% month on month in April, European statistics provider Eurostat said on Tuesday.

Eurozone chemical producer prices were also down by the same amount during the period, Eurostat added.

The data shows that prices were also down in both regions year on year, with prices falling by 0.8% in the EU in April compared with April 2012, and falling by 0.9% in the eurozone over the same period.

Europe’s total industrial producer prices were also down in April, falling by 0.7% in the EU and by 0.6% in the eurozone compared with the previous month.

“Prices decreased in most of the member states for which data are available. The largest decreases in the total index were observed in the UK (-1.5%), Belgium (-1.4%), Greece and the Netherlands (both -1.3%). Increases were recorded only in Latvia (+1.1%), Denmark (+0.4%), Estonia (+0.2%), Cyprus and Slovakia (both +0.1%), while prices remained stable in Malta and Slovenia,” the agency said.

On an annual basis, industrial producer prices decreased by 0.2% in both regions.

“Among the member states for which data are available, the highest increases in the total index were observed in Estonia (+11.3%), Romania (+4.9%), Belgium (+1.9%) and Latvia (+1.8%), and the largest decreases in Greece (-2.4%), Poland (-2.1%), Sweden (-1.7%) and the Netherlands (-1.5%),” Eurostat added.

April 2013 vs
March 2013

April 2013 vs 
April 2012

EU chemicals

-0.9%

-0.8%

Eurozone chemicals

-0.9%

-0.9%

EU industry

-0.7%

-0.2%

Eurozone industry

-0.6%

-0.2%

 


By: Tom Brown
+44 208 652 3214



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