Summary
Economic trends in the EU
1. Food and drink industry output index increased
2. Evolution of main agricultural raw material prices
3. Price developments in the food supply chain: producer prices continued to peak above both consumer prices and overall inflation in Q3 of 2012
4. Slight decrease in employment index in the EU food and drink industry
5. Food and drink industry turnover index started to increase again
6. Confirming previous quarters’ trends, imported food prices continued to rise
Trade: Both imports and exports increased in Q3 of 2012 year-on-year
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5. Food and drink industry turnover index started to increase again

The food and drink industry’s turnover index increased by 1.6% in Q3 of 2012 from the previous quarter reflecting as a consequence of higher volumes of production and increased costs of raw materials.


EU 27 turnover.png
Source: Eurostat (SBS), seasonally adjusted data, December 2012
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