Year on year, industrial production prices went down in all EU member states except for Latvia, where these prices rose by 0.5%.

 

By categories of goods, industrial production prices in the EU recorded the largest decreases in energy sector (minus 10.6%), consumer goods industry (minus 1.1%) and intermediate goods industry (minus 0.8%). However, increases were recorded in capital goods industry (0.7%) and durable goods industry (1.0%).

 

In December 2014 compared to November 2014, industrial production prices fell by 1% both in the Eurozone as well as in the EU.

 

A similar decrease was recorded by Romania. Compared to November, industrial production prices edged down in almost all EU member states, except for Estonia and Sweden (both with an increase of 0.3%), Slovenia and Cyprus (0.1% increase) and remained stable in Malta.

 

In Romania's case, according to the data released by the National Statistics Institute (INS), overall industrial production prices fell by 1.1% in December 2014 from a month earlier. Compared to December 2013, overall industrial production prices went down by 1.4%, with prices on the domestic market having decreased by 0.5% and on foreign markets by 3.2%. (source: actmedia.eu)