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In November 2020, industrial producer prices rose by 0.4% in both the euro area and the EU, compared with October 2020, according to estimates from Eurostat, the statistical office of the European Union. In October 2020, prices increased by 0.4% in the euro area and by 0.3% in the EU.

In November 2020, compared with November 2019, industrial producer prices decreased by 1.9% in the euro area and by 1.8% in the EU.

Monthly comparison by main industrial grouping and by Member State.    Industrial producer prices in the euro area in November 2020, compared with October 2020, increased by 1.3% in the energy sector, by 0.3% for intermediate goods and by 0.1% for durable consumer goods, while prices remained stable for capital goods and non-durable consumer goods. Prices in total industry excluding energy increased by 0.1%. In the EU, industrial producer prices increased by 1.4% in the energy sector, and by 0.2% for intermediate goods and durable consumer goods, while prices remained stable for non-durable consumer goods and decreased by 0.1% for capital goods. Prices in total industry excluding energy increased by 0.1%

The highest increases in industrial producer prices were recorded in Denmark and France (both +1.7%), Estonia (+1.2%) and Romania (+1.1%), while the largest decreases were observed in Ireland (-1.4%), Slovakia (-0.7%) and Czechia (-0.5%).

Annual comparison by main industrial grouping and by Member State.    Industrial producer prices in the euro area in November 2020, compared with November 2019, decreased by 7.5% in the energy sector, by 0.6% for intermediate goods and by 0.1% for non-durable consumer goods, while prices rose by 0.8% for capital goods and by 1.2% for durable consumer goods. Prices in total industry excluding energy remained stable. In the EU, industrial producer prices decreased by 7.5% in the energy sector and by 0.5% for intermediate goods, while prices rose by 0.1% for non-durable consumer goods, by 0.9% for capital goods and by 1.5% for durable consumer goods. Prices in total industry excluding energy increased by 0.2%. The largest decreases in industrial producer prices were observed in Lithuania (-7.3%), Greece (-6.8%) and Cyprus (-6.1%), while the only increases were recorded in Malta (+1.8%), Hungary and Slovenia (both +1.1%).