BRUSSELS, Sept. 2 (Xinhua) -- The industrial producer prices in the European Union (EU) increased by 0.4 percent in July from the previous month, Eurostat said Wednesday.

In July, COVID-19 restrictive measures still remained in place while being gradually lifted in various EU member states.

Industrial producer prices registered 0.6 percent increase in the eurozone, the EU's statistical office said. In June 2020, prices increased by 0.7 percent in the euro area and by 0.8 percent in the EU.

In July, the highest month-on-month increases in industrial producer prices were recorded in Belgium (+2.3 percent) and Spain (+1.8 percent), while the largest decreases were observed in Cyprus (-2.2 percent) and Estonia (-2.1 percent).

When compared with the pre-COVID period in July 2019, industrial producer prices decreased by 3.3 percent in the euro area and by 3 percent in the EU.

The largest year-on-year decreases in industrial producer prices were observed in Lithuania (-8.5 percent) and Cyprus (-6.7 percent), whereas the only increases were recorded in Malta (+1.7 percent), Slovenia and Slovakia (both +0.3 percent). Enditem

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