Belgium's producer prices surged by 3.6 percent from a year earlier in February of 2021, after rising by 0.3 in the previous month. This was the highest producer inflation rate since April of 2019, as prices rebounded for the non-domestic market (1.9 percent vs -1.5 percent in January) and increased at a significant faster rate for the domestic one (4.7 percent vs 1.2 percent). On a monthly basis, producer prices grew by 2.3 percent. source: Statistics Belgium
Producer Prices Change in Belgium averaged 1.38 percent from 2011 until 2021, reaching an all time high of 15.01 percent in February of 2017 and a record low of -8.80 percent in May of 2020. This page provides - Belgium Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Producer Prices Change in Belgium is expected to be -1.90 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 Belgium to stand at 2.20 in 12 months time. In the long-term, the Belgium Producer Prices Change is projected to trend around 1.80 percent in 2022, according to our econometric models.