In November 2021, prices increased by 1.8% in the euro area and by 2.0% in the EU, according to data released by Eurostat.
In December 2021, compared with December 2020, industrial producer prices increased by 26.2% in both the euro area and the EU.
The annual average industrial producer prices for the year 2021, compared with 2020, increased by 12.2% in both the euro area and the EU.
Industrial producer prices in the euro area in December 2021, compared with November 2021, increased by 7.0% in the energy sector, by 0.7% for intermediate goods, by 0.6% for non-durable consumer goods, by 0.3% for capital goods and by 0.2% for durable consumer goods. Prices in total industry excluding energy increased by 0.5%.
In the EU, industrial producer prices increased by 6.9% in the energy sector, by 0.7% for intermediate goods and for non-durable consumer goods, by 0.3% for capital goods and by 0.2% for durable consumer goods.
Prices in total industry excluding energy increased by 0.6%.
The highest monthly increases in industrial producer prices were recorded in Ireland (+13.3%), Estonia (+12.7%) and Greece (+8.0%), while the only decrease was observed in Czechia (-0.1%).
