Industrial producer prices down by 0.2% in both euro area and EU27

In December 2012, compared with November 2012, the industrial producer price index fell by 0.2% in both the  euro area (EA17) and the EU27, according to estimates from Eurostat, the statistical office of the European Union. In November prices also decreased by 0.2% in both zones.In December 2012 compared with December 2011, industrial producer prices gained 2.1% in the euro area and 1.9% in the EU27. The average industrial producer price index for 2012, compared with 2011, increased by 2.6% in the euro area and by 2.7% in the EU27.