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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4. Slight decrease in employment index in the EU food and drink industry

Continuing the trend of the previous quarter, the labour input index for the food and drink industry continued to decrease slightly (-0.2%) in Q3 of 2012. This was in line with the performance showed by the (total) manufacturing sector whose employment index also decreased by 0.2% in the same period.


When looking at the industry breakdown, the food sector employment index decreased by 0.3%, whereas the beverages industry employment index increased by 0.3% in comparison with the previous quarter.

Labour input index.png
Source: Eurostat (SBS), Nace Rev. 2, seasonally adjusted data, December 2012.
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