In December 2011, compared with November 2011, the industrial producer price index dropped by 0.2% in both the eurozone and the EU27. In November, prices increased by 0.2% and 0.4%, respectively, Eurostat announced, on 2 February. Prices in total industry excluding the energy sector declined by 0.1% in the EU27. Energy sector prices fell by 0.6%. Intermediate goods declined by 0.2%, while capital goods and durable consumer goods remained stable. Non-durable consumer goods increased by 0.1%.

Among the member states for which data are available, the largest decreases in the total index were recorded in Denmark (-1.2%), Sweden (-0.8%) and the Netherlands and Finland (-0.5% each), and the most pronounced increases in Romania (+0.5%), Ireland (+0.3%) and Greece and Poland (+0.2% each).

On a yearly basis, ie in December 2011, compared with December 2010, industrial producer prices gained 4.3% in the eurozone and 4.9% in the EU27. Prices in total industry excluding the energy sector rose by 2.9% in the EU27. Energy sector prices climbed by 9.6%. Non-durable consumer goods rose by 3.8% in the EU27. Intermediate goods increased by 3.1%. Durable consumer goods registered a 2.3% increase. Capital goods rose by 1.6%.

The largest increases in the total index were observed in Lithuania (+9.5%), Latvia (+8.9%) and the United Kingdom (+8.2%), and the smallest in Malta (+0.7%), Denmark (+2.3%) and Slovakia (+2.5%). The only decrease was recorded in Sweden (-3.1%).