02.12.2021 22:12
Highest monthly increases recorded in Belgium, Italy, Romania, says statement by Eurostat.
Industrial producer prices in the EU were up by 21.7% in October from the same month a year ago, according to the statistical office on Thursday.
Prices increased for industrial producers by 5% in October from the previous month, when they rose 2.7%, Eurostat said in a statement.
In the euro area, industrial producer prices increased last month by 21.9% year-on-year.
They gained 5.4% on a monthly basis after a 2.8% increase in September.
The highest monthly increases in industrial producer prices were recorded in Belgium with 11.2%, followed by Italy with 9.4% and Romania with 8.6%, according to Eurostat.
"Industrial producer prices in the euro area in October 2021, compared with September 2021, increased by 16.8% in the energy sector," the statement said.
"In the EU, industrial producer prices increased by 14.9% in the energy sector," it added. -