In annual terms, the falls were 7.8% in the Euro zone and 7.6% in the European Union. In Portugal, there was a monthly decrease of 0.3% and 1.7% compared to March 2023.
Industrial production prices registered slight declines of 0.4% in the Euro Zone and 0.5% in the European Union (EU) in March, according to data revealed by Eurostat this Monday, May 6. In Portugal, there was a monthly decrease of 0.3% and 1.7% compared to March 2023.
In the Euro Zone, in monthly terms, industrial production prices increased 0.1% in intermediate goods and fell 1.8% in energy. Total industry prices excluding the energy segment increased by 0.2%.
In the EU, industrial production prices rose 0.2% for intermediate goods, decreased 2.0% for energy and increased 0.1% for capital goods.
Among the Member States, the biggest drops in industrial production prices were recorded in Bulgaria (-3.4%), Denmark and Greece (both -2.3%) and Spain (-2.2%). The biggest increases were seen in Ireland and Sweden (both +0.9%), as well as in Germany and Croatia (both +0.2%).
In annual terms, the falls were 7.8% in the Euro Zone and 7.6% in the European Union.
In the Euro Zone, at the annual level, industrial production prices fell by 4.8% for intermediate goods, decreased by 20% in energy and increased by 1.9% for capital goods. Total industry prices excluding energy decreased by 1.3%.
In turn, in the European Union, industrial production prices fell by 5.0% for intermediate goods, recorded a drop of 18.6% in energy, and increased by 1.8% for capital goods. Total industry prices excluding energy decreased by 1.5%.
Among the Member States, the biggest annual declines were recorded in Slovakia (-24.6%), Ireland (-19.8%) and Belgium (-13.4%). The biggest increases were seen in Luxembourg (+16.5%) and Malta (+0.7%).
Tags: Industrial production prices fell Euro Zone March
