China Drying Network News The European Statistics Office released the EU's "Industrial Producer Price Index" statistics report for May 2012. Statistics show that compared with April 2012, in May 2012, the "industrial producer price index" of 17 countries in the euro area and 27 countries in the EU fell by 0.5% and 0.7% respectively. In April 2012, the "industrial producer price index" of the two companies achieved a steady growth of 0.1% and remained stable. Compared with May 2011, the “industrial producer price index†of 17 countries in the euro area and 27 countries in the EU increased by 2.3% and 2.4% respectively in May 2012. In terms of monthly changes, compared with April 2012, in May 2012, the “price index of industrial producers excluding construction and energy-related industries†in 17 countries in the euro area and 27 countries in the European Union remained stable. Both of the "energy product producer price index" fell by 1.4% and 2.3% respectively. During the same period, both of the “consumer product price index for consumer durables†remained stable and achieved a year-on-year increase of 0.1%. Both of the "capital goods producer price indices" remained stable. The "Intermediate Product Producer Price Index" of the two companies remained stable and achieved a growth rate of 0.1%. Both of the "non-durable consumer goods producer price index" fell by 0.1% and remained stable on a month-on-month basis. In May 2012, among the EU member countries that have obtained statistical data, the EU member countries that have experienced a larger increase in the "industrial producer price index" are Cyprus (+2.1%), Hungary (+0.6%), Estonia ( (+0.5%) and Slovakia (+0.5%); while EU member countries with a larger month-on-year decrease in the "industrial producer price index" are Britain (-2.0%), Denmark (-1.4%), and Greece (-1.4). %) and France (-1.1%). In terms of annual changes, compared with May 2011, in May 2012, 17 countries in the euro area and 27 countries in the European Union “Excluding industrial producer price indices for the construction and energy-related industries sectors†achieved 1.1% and 1.4% respectively. % year-on-year growth. Both of the "energy product producer price index" increased by 6.4% and 5.6% respectively year-on-year. The year-on-year growth rates of the "intermediary product producer price index" are 0.5% and 0.7% respectively. The year-on-year growth rates of the "non-durable consumer goods producer price index" were 1.9% and 2.3% respectively. The "capital goods producer price index" of the two countries increased by 1.2% and 1.3% respectively. Both of the "consumer goods producer price index" increased by 1.9% and 2.0% respectively year-on-year. In May 2012, among the EU member states that have obtained statistical data, the EU member states that have experienced a larger year-on-year increase in the "industrial producer price index" are Cyprus (+9.1%), Hungary (+7.4%) and Lithuania ( +5.6%), while EU member countries with a smaller year-on-year increase in the "industrial producer price index" are Denmark (+0.4%), Austria (+0.4%) and Malta (+0.7%). The year-on-year decline of the "industrial producer price index" is only one country in Sweden (-0.2%).
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