Eurozone, EU chem producer prices flat in December 2024 from previous month

Graeme Paterson

06-Feb-2025

LONDON (ICIS)–Chemicals producer prices in the eurozone and EU were flat in December from the previous month, official data showed on Thursday.

Spain (-0.2%), Italy (-0.2%), the Netherlands (-0.5%) and Poland (-0.1%) all posted declines while Germany, Europe’s biggest chemicals producer, recorded zero price growth.

France (+0.2%) was the only major EU country to report a rise in chemicals producer prices.

General industrial producer prices in December rose by 0.4% month on month in both the eurozone and EU, statistics agency Eurostat said in a first estimate that is subject to revision.

The annual industrial producer price average for the whole of 2024 fell by 4.2% in the eurozone and by 4.0% in the EU from 2023.

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