The prices of products coming out of factory doors increased by 1.4% in the euro area and the European Union in June compared to the previous month, and Denmark, Estonia, Latvia and Romania reported the most significant advance among the 27 Member States The EU, according to data released on Tuesday by the European Statistical Office (Eurostat).

In May, industrial production prices rose 1.3% in the euro area and 1.4% in the European Union compared to the previous month, according to Agerpres.

The highest increases in industrial production prices in the EU in June compared to the previous month were in Denmark (5.1%), Estonia (4.6%), Latvia (3.1%) and Romania (2.6%). %), the only decrease being in Ireland (minus 0.3%).

According to Eurostat data, industrial production prices rose by 10.2% in the euro area and by 10.3% in the EU in June compared to the same period in 2020.

All states reported annual increases in industrial production prices in June, the most significant being in Ireland (42.5%), Belgium (20.7%) and Denmark (19.1%), Romania reported an annual advance of 12.3% in June, compared to an expansion of 10.4% in May.

The change in prices at factory gates is usually passed on to final consumers and can therefore be an indicator of the evolution of inflation that the European Central Bank is targeting through its monetary policy.