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Croatia among EU countries with largest decrease in industrial producer prices

ZAGREB, June 3 (Hina) - In April, Croatia was in a group of countries which recorded the largest decrease in industrial producer prices on the month, according to estimates from Eurostat, the statistical office of the European Union.

Industrial producer prices in Croatia in April were down on the month for the first time since January, falling by 0.6%. In March they were up 1.2%, according to Eurostat.

The largest decreases in industrial producer prices were observed in Malta (-4.4%), Romania (-0.7%) and Croatia (-0.6%), and the highest increases in the Czech Republic, Denmark, Spain and the United Kingdom (all +0.4%).

The 0.1% decrease in industrial producer prices in total industry in the euro area in April 2015, compared with March 2015, is due to a fall of 0.6% in the energy sector, while prices remained stable for both durable and non-durable consumer goods, and increased by 0.1% for capital goods and by 0.3% for intermediate goods. Prices in total industry excluding energy rose by 0.1%.

In the EU28, industrial producer prices in total industry remained stable due to a fall of 0.3% in the energy sector, while prices remained stable for both durable and non-durable consumer goods and increased by 0.1% for capital.

Industrial producer prices fell in nearly all Member States, except Luxembourg (+0.8%), Sweden (+0.2%) and Slovenia where prices remained stable. The largest decreases were observed in Lithuania (-8.8%), the United Kingdom (-7.1%), the Netherlands (-5.8%), Cyprus (-5.7%), Denmark (-5.6%) and Greece (-4.4%)..

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