Belgium’s producer prices rose 20 percent year-on-year in August of 2021 from 18.9 percent in the previous month, the highest reading since at least 2011, largely due to the low base year brought by the pandemic. Prices accelerated for both the domestic market (23.9 percent vs 23 percent in July) and foreign market (14.5 percent vs 13 percent). On a monthly basis, producer inflation fell to 1.3 percent from 3.3 percent in July. source: Statistics Belgium
Producer Prices Change in Belgium averaged 2.05 percent from 2011 until 2021, reaching an all time high of 20 percent in August of 2021 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 October of 2021.
Producer Prices Change in Belgium is expected to be 19.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Producer Prices Change is projected to trend around 2.50 percent in 2022 and 1.50 percent in 2023, according to our econometric models.