On a monthly basis, prices rose by 0.8 per cent in both regions compared with December 2024, following growth of 0.5 per cent in the euro area and 0.4 per cent in the EU during the previous month, according to first estimates from Eurostat.
Industrial producer prices rose by 1.8 per cent in both the euro area and the EU in January 2025 year-on-year, and by 0.8 per cent month-on-month.
Ireland, Bulgaria, and Sweden recorded the largest monthly gains, while Portugal saw the biggest drop.
Annually, Ireland and Bulgaria led with double-digit rises, while Lithuania and Luxembourg saw declines.
In January 2025, industrial producer prices in the euro area increased by 0.3 per cent for intermediate goods, 1.7 per cent for energy, 0.6 per cent for durable consumer goods, and 0.2 per cent for non-durable consumer goods. Excluding energy, prices in total industry rose by 0.4 per cent.
In the EU, industrial producer prices followed a similar trend, with increases of 0.3 per cent for intermediate goods, 1.8 per cent for energy, 0.6 per cent for durable consumer goods, and 0.2 per cent for non-durable consumer goods. Excluding energy, total industry prices increased by 0.3 per cent.
Among EU Member States with available data, the highest monthly increases were recorded in Ireland, where industrial producer prices surged by 6.2 per cent, followed by Bulgaria at 5.4 per cent and Sweden at 2.3 per cent. On the other hand, declines were observed in Portugal, where prices fell by 2.2 per cent, Austria with a 0.6 per cent decrease, Slovenia with a 0.5 per cent drop, and Cyprus with a 0.3 per cent decline.
Comparing January 2025 with January 2024, industrial producer prices in the euro area increased by 0.5 per cent for intermediate goods, 3.5 per cent for energy, 1.5 per cent for durable consumer goods, and 1.8 per cent for non-durable consumer goods. Prices in total industry excluding energy rose by 1.3 per cent.
In the EU, prices grew by 0.7 per cent for intermediate goods, 3.3 per cent for energy, 1.5 per cent for durable consumer goods, and 1.9 per cent for non-durable consumer goods, while total industry excluding energy saw a 1.3 per cent increase, as per Eurostat.
The highest annual increases in industrial producer prices were recorded in Ireland, where prices surged by 14.9 per cent, followed closely by Bulgaria with a 14.4 per cent rise and Denmark with a 6.4 per cent increase.
In contrast, Lithuania experienced the largest annual decrease, with prices falling by 5.3 per cent, followed by Luxembourg with a 4.7 per cent drop and Estonia with a 4.5 per cent decline.
Fibre2Fashion News Desk (HU)
