Producer prices in Belgium decreased 4.2 percent year-on-year in July of 2020, following a 6.3 percent drop in the previous month. It was the sixth consecutive month of falls in producer prices, as cost declined in both the domestic market (-4.5 percent) and the non-domestic market (-3.7 percent). On a monthly basis, producer prices went up 1.6 percent.
Producer Prices Change in Belgium averaged 1.56 percent from 2011 until 2020, 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 September of 2020. source: Statistics Belgium
Producer Prices Change in Belgium is expected to be -0.50 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 2.50 in 12 months time. In the long-term, the Belgium Producer Prices Change is projected to trend around 2.20 percent in 2021 and 1.80 percent in 2022, according to our econometric models.