Reduced prices only in the Euro zone” “

Eurostat – the statistics Office of the European Union – published at the beginning of the year the data relating to industrial production prices for November 2005. The industrial production price index shows the evolution of factory gate prices of all products sold on the EU internal market, with the exclusion of imports. Despite a 0.2% drop in prices in the euro zone, the general index for the European Union increased by 0.5% over October 2005, confirming the trend of rising prices that registered a growth of 4.2% for the euro zone and 5.5% for the 25-member EU over the last twelve months. Since October 2004, in fact, only Poland presents a decline (though only a slight one, – 0.2%), in comparison with an unchanged indicator in the Czech Republic and a sharp growth in the other 23 countries. The UK and Denmark, in particular, registered an increase of over twelve percentage points.