Producer prices in Austria climbed 6.6 percent year-on-year in May of 2021, following an upwardly revised 4.7 rise in the previous month. It was the steepest producer inflation since at least January of 2001, driven by prices of energy (13.3 percent vs 9.5 percent in April) and intermediate goods (7.4 percent vs 5.8 percent). On a monthly basis, producer prices inched up 0.9 percent, after an upwardly revised 1.1 percent rise in the prior month. source: Statistics Austria
Producer Prices Change in Austria averaged 0.82 percent from 2001 until 2021, reaching an all time high of 6 percent in May of 2021 and a record low of -3.20 percent in July of 2009. This page provides - Austria Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Producer Prices Change in Austria is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Austria to stand at 1.50 in 12 months time. In the long-term, the Austria Producer Prices Change is projected to trend around 1.50 percent in 2022 and 1.10 percent in 2023, according to our econometric models.