In February 2016, compared with January 2016, industrial producer prices fell by 0.7 percent in the euro area (EA19) and by 0.6 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 201 6 prices decreased by 1.1 percent in both zones. In February 2016, compared with February 2015, industrial producer prices fell by 4.2 percent in both the euro area and the EU28.

The 0.7 percent decrease in industrial producer prices in total industry in the euro area in February 2016, compared with January 2016, is due to price falls of 2.1 percent in the energy sector, of 0.4 percent for intermediate goods and of 0.2 percent for nondurable consumer goods, while prices remained stable for capital goods and increased by 0.1 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.2 percent.

In the EU28, the 0.6 percent decrease is due to price falls of 2.0 percent in the energy sector, of 0.4 percent for intermediate goods and of 0.2 percent for non-durable consumer goods, while prices remained stable for capital goods and increased by 0.1 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.2 percent.

The largest decreases in industrial producer prices were observed in Estonia (-5.2 percent), the Netherlands (-2.8 percent), Denmark (-2.6 percent), Hungary (-2.0 percent) and Lithuania (-1.8 percent), and the only increases in Portugal (+0.4 percent) and the United Kingdom (+0.1 percent).

The 4.2 percent decrease in industrial producer prices in total industry in the euro area in February 2016, compared with February 2015, is due to price falls of 12.8 percent in the energy sector, of 2.1 percent for intermediate goods and of 0.5 percent for non-durable consumer goods, while prices rose by 0.4 percent for capital goods and by 0.7 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.8 percent.

In the EU28, the 4.2 percent price decrease is due to falls of 14.0 percent in the energy sector, of 2.0 percent for intermediate goods and of 0.5 percent for non-durable consumer goods, while prices rose by 0.6 percent for capital goods and by 0.8 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.7 percent.

Industrial producer prices fell in all Member States, with the largest decreases observed in the Netherlands (-10.5 percent), Greece (-9.9 percent), Denmark and Cyprus (both -6.4 percent), Belgium and Lithuania (both -6.0 percent).

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