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Industrial production prices fall in the EU (with Portugal leading the way)

Compared to July, the industrial production price index decreased by 0.3% in the Euro area and by 0.4% across the 27 EU member states.

According to the European statistical service, the largest year-on-year decreases in industrial production prices were recorded in Portugal (-4.3%), Luxembourg (-4.2%), and Estonia (-3.2%).

Conversely, the most significant annual increases occurred in Bulgaria (9.1%), Sweden (4.1%), and Romania (3.1%).

In month-to-month terms from July, August witnessed the most notable declines in industrial production prices in Denmark (-1.3%), the Netherlands and Romania (both -1.0%), and Austria (-0.8%).

The most significant increases were observed in Estonia (5.4%), Finland (1.9%), and Slovakia (1.3%).

In Portugal, the index decreased by 0.6% from July to August.

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