According to the report from Eurostat, in November 2020, industrial producer prices rose by 0.4% in both the euro area and the EU, compared with October 2020. Economists had expected a 0.1% increase in the euro area. 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. Economists had expected a 2.2% decrease in the euro area.

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%.