Romania, among the largest declines in industrial producer prices in the EU in December

In December 2024, compared with November 2024, industrial producer prices increased by 0.4% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In November 2024, industrial producer prices grew by 1.7% in both the euro area and the EU.   In December 2024, compared with December 2023, industrial producer prices remained stable in the euro area and increased by 0.1% in the EU.   The annual average of industrial producer prices for the year 2024, compared with 2023, decreased by 4.2% in the euro area and by 4.0% in the EU.   Monthly comparison by main industrial grouping and by Member State   In the euro area in December 2024, compared with November 2024, industrial producer prices increased by 0.1% for intermediate goods, increased by 1.4% for energy, increased by 0.1% for capital goods, increased by 0.2% for durable consumer goods, increased by 0.1% for non-durable consumer goods.   Prices in total industry excluding energy remained stable. In the EU, industrial producer prices remained stable for intermediate goods, increased by 1.3% for energy, increased by 0.1% for capital goods, increased by 0.2% for durable consumer goods, increased by 0.1% for non-durable consumer goods. Prices in total industry excluding energy remained stable.   The highest monthly increases in industrial producer prices were recorded in Bulgaria (+5.1%), Croatia (+2.4%) and Slovakia (+1.5%). The largest decreases were observed in Ireland (-1.5%), Romania (-1.3%) and the Netherlands (-0.4%).   Annual comparison by main industrial grouping and by Member State   In the euro area in December 2024, compared with December 2023, industrial producer prices increased by 0.1% for intermediate goods, decreased by 1.7% for energy, increased by 1.4% for capital goods, increased by 0.8% for durable consumer goods, increased by 2.0% for non-durable consumer goods. Prices in total industry excluding energy increased by 0.9%. In the EU, industrial producer prices increased by 0.1% for intermediate goods, decreased by 1.4% for energy, increased by 1.6% for capital goods, increased by 0.8% for durable consumer goods, increased by 1.9% for non-durable consumer goods. Prices in total industry excluding energy increased by 1.0%.   The highest annual increases in industrial producer prices were recorded in Ireland (+11.1%), Bulgaria (+6.6%) and Denmark (+4.7%). The largest decreases were observed in Slovakia (-17.0%), Luxembourg (-4.2%) and France (-3.8%).