articles | 04 February 2019

Cyprus' Industrial producer prices down in December 2018

Ιn December 2018, compared with November 2018, industrial producer prices fell by 0.8% in both the euro area (EA19) and the EU28 and by 0.2% in Cyprus, according to estimates from Eurostat, the statistical office of the European Union.

In November 2018, prices decreased by 0.3% in the euro area, by 0.5% in the EU28 and by 1.2% in Cyprus.

In December 2018, compared with December 2017, industrial producer prices rose by 3.0% in the euro area, by 3.1% in the EU28 and by 6.7% in Cyprus. Average industrial producer prices for the year 2018, compared with 2017, increased by 3.2% in the euro area and by 3.6% in the EU28.

More specifically, industrial producer prices in the euro area in December 2018, compared with November 2018, fell by 2.6% in the energy sector and by 0.4% for intermediate goods, while prices remained stable for non-durable consumer goods.

Source: CNA

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