Industrial producer prices increased by 37.2% in April in the eurozone and 37.0% in the European Union (EU), compared to the same month in 2021, maintaining an upward trend since January of that year, according to Eurostat.
According to the Community Statistics Service, compared to March the indicator advanced 1.2% in the eurozone and 1.3% in the EU.
In the interannual variation, the increase in prices in industrial production is dragged down by increases of 99.2% (Eurozone) and 97.2% (EU) in the energy sector, and without this variable the advance is much lower: 15 .6% in the eurozone and 16.1% in the EU.
In the homologous comparison, Industrial producer prices rise 26.3% in Portugal.
Compared to April 2021, the indicator increased in all Member States, with the largest increases observed in Denmark, Ireland (62.3% each), Romania (60.4%) and Belgium (52.7%).
In the monthly variation, considering the industrial production sectors, the price of energy fell by 1.2% in the euro zone and 1.1% in the EU, with the greatest advance observed in intermediate products: 3.8 % in the euro zone and 3.9% % in the EU.
Compared to March, the Member States that showed the largest price increases in industrial production were Slovakia (9.3%), Luxembourg (6.0%) and Bulgaria (4.1%) and the decreases were registered in Ireland (-16.5%), Romania (-3.2%), Portugal (-2.2%) and Italy (-0.3%).
Source: Observadora
