June 6, 2022
In April 2022, industrial producer prices rose by 1.2% in the euro area and by 1.3% in the EU, compared with March 2022, according to estimates from Eurostat, the statistical office of the European Union. In March 2022, prices increased by 5.3% in the euro area and by 5.4% in the EU. In April 2022, compared with April 2021, industrial producer prices increased by 37.2% in the euro area and by 37.0% in the EU.
Monthly comparison by main industrial grouping and by Member State
Industrial producer prices in the euro area in April 2022, compared with March 2022, increased by 3.8% for intermediate goods, by 2.7% for non-durable consumer goods and by 1.0% for capital goods and durable consumer goods, while they decreased by 1.2% in the energy sector. Prices in total industry excluding energy increased by 2.6%.
In the EU, industrial producer prices increased by 3.9% for intermediate goods, by 2.8% for non-durable consumer goods and by 1.0% for capital goods and durable consumer goods, while they decreased by 1.1% in the energy sector. Prices in total industry excluding energy increased by 2.7%.
The highest monthly decreases in industrial producer prices were recorded in Ireland (-16.4%), Romania (-3.2%), Portugal (-2.2%) and Italy (-0.3%). The highest increases were observed in Slovakia (+9.3%), Luxembourg (+6.0%) and Bulgaria (+4.1%).
Annual comparison by main industrial grouping and by Member State
Industrial producer prices in the euro area in April 2022, compared with April 2021, increased by 99.2% in the energy sector, by 25.1% for intermediate goods, by 11.2% for non-durable consumer goods, by 8.5% for durable consumer goods and by 7.2% for capital goods. Prices in total industry excluding energy increased by 15.6%. In the EU, industrial producer prices increased by 97.2% in the energy sector, by 25.4% for intermediate goods, by 12.0% for non-durable consumer goods, by 9.1% for durable consumer goods and by 7.5% for capital goods. Prices in total industry excluding energy increased by 16.1%. The industrial producer prices increased in all Member States, with the highest yearly increases being registered in Denmark and Ireland (both +62.3%), Romania (+60.4%) and Belgium (+52.7%).
Source: Eurostat
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