(Eurostat) Industrial producer prices rose by 2.7% in the euro area and EU in September from August. On a year over year basis, the producer prices were up by 16% in the euro area, while in the EU, they had risen by 16.2%.
In the euro area, energy sector prices rose by 7.7%, while intermediate goods were up 1.0% as capital goods prices increased by 0.5%. Durable consumer goods prices rose by 0.4%, while non-durable consumer goods were up by 0.3%.
In the EU, the energy sector saw a 7.8% increase in producer prices, while intermediate and capital goods registered a 1.0% and 0.6% rise, respectively. Durable consumer goods prices increased by 0.5%, while non-durable consumer goods posted a 0.3% uptick.
Excluding energy, industrial goods prices rose by 0.6% in the euro area and EU.
The highest monthly increases in industrial producer prices were in Ireland at 23.2%, Denmark at 8.4%, while Greece came third at 5.8%.
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