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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3. Price developments in the food supply chain: producer prices continued to peak above both consumer prices and overall inflation in Q3 of 2012
While both consumer prices (-0.27%) and inflation (-0.04%) indexes growth stalled on average in Q3 of 2012, producer prices continued to rise (by 1.47%).


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Source: Eurostat (Food supply chain monitor), December 2012

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