According to Eurostat, the statistical office of the European Union, in July 2011 compared with June 2011, prices in total industry excluding the energy sector increased by 0.1% in both the euro area and the EU. On the other hand, prices in the energy sector gained 11.9% and 13.8% respectively compared to July 2010.

Eurostat published the latest date on industrial producer prices. In July 2011, compared with the June 2011, prices in total industry excluding the energy sector increased by 0.1% in both the euro area and the EU. Compared with July 2010, prices in total industry excluding the energy sector increased by 4.1% in the euro area and by 4.3% in the EU and compared to last year the same month prices in the energy sector gained 11.9% and 13.8% respectively. However, prices in the energy sector rose by 1.5% and 1.3% respectively. In both zones, non-durable consumer goods gained 0.2%. Intermediate goods increased by 0.2% in the euro area and by 0.1% in the EU. Compared to last year, increased by 3.6% in the euro area and by 4.1% in the EU. Durable consumer goods remained stable in the euro area and rose by 0.3% in the EU. Capital goods fell by 0.1% in the euro area and remained stable in the EU. In both zones, durable consumer goods rose by 1.8% and capital goods by 1.4% compared to July 2010.

With regard to the data by Member States, the highest increases in the total index were observed in Cyprus (+2.0%), Lithuania (+1.4%) and Hungary (+1.2%). The largest decreases were recorded in Denmark (-0.8%), Belgium (-0.4%) and Sweden (-0.3%). In relation to the annual changes, the largest increases in the total index were observed in the United Kingdom (+12.6%), Lithuania (+10.7%) and Latvia (+9.0%), and the smallest in Malta and Sweden (both +1.0%) and Slovakia (+2.0%).

The index of producer prices shows changes in the ex-works sale prices of all products sold on the domestic markets of the various countries, excluding imports. Euro area and EU indices refer to overall weighted price changes. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU, according to Eurostat.