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Producer prices down by 5.7%

02/06/2015 13:21
Prices of industrial products fell more in Cyprus compared to the EU, as shown by data released by Eurostat today.

According to new figures from Eurostat ( the prices of industrial products fell by 5.7% in April 2015 compared with April 2014.

In March 2015 prices fell by 5.4%.

Prices declined in all Member States except Luxembourg and Sweden where prices rose by 0.8% and 0.2% respectively. Prices remained stable in Slovenia.

The largest decrease was observed in Lithuania (-8.8%), the UK (-7.1%) and the Netherlands (-5.8%).

In EU-28 prices of industrial products decreased by 2.8% in the fourth month of 2015, while in eurozone prices fell by 2.2%.