ISTANBUL

The EU's and eurozone's industrial producer prices grew 1.7% and 1.6%, respectively, month-on-month in November, data from Eurostat released Wednesday showed.

The EU's prices increased from October's 126.1 to November's 128.2 and eurozone's from 124.7 to 126.7.

The increase came mostly from energy goods prices which grew 5.4% in the EU and the euro area.

Prices of capital goods were stable in the EU and the eurozone.

The country with the highest monthly increase in industrial producer prices was Bulgaria at 4.9% as Estonia and Greek Cypriot saw a monthly decrease of 1.4% apiece.

Prices fell annually in the EU by 1.1% in the EU and 1.2% in the eurozone in November.

Slovakia saw an annual fall of 18.4% in industrial producer prices, while Ireland had an 5.4% increase.

The eurozone/euro area, or EA20, represents member states that use the bloc’s single currency, the euro, while the EU27 includes all member countries.