Eurozone Producer Prices Rise More than Expected

Industrial producer prices in the Euro Area decreased 0.3% month-over-month in December 2025, following a 0.7% increase in November, in line with market expectations. Cost fell for energy (-1.2% vs 2.7% in November), capital goods (-0.1% vs 0.2%) and non-durable consumer goods (-0.2%, the same as in November). Also, prices eased for durable consumer goods (0.2% vs 0.3%), while cost accelerated for intermediate goods (0.3% vs 0.2%). On an annual basis, producer prices fell 1.7%, marking the fourth consecutive month of year-on-year decline.

Industrial producer prices in the Euro Area rose 0.5% month-over-month in November 2025, following a 0.1% increase in October and above market expectations of 0.2%. Cost rose faster for energy (1.8% vs 0.1% in October), intermediate goods (0.3% vs 0.1%), and durable consumer goods (0.3% vs 0.2%). Meanwhile, inflation was steady for capital goods (at 0.1%) and prices continued to fall for non-durable goods (-0.2%, the same as in October). On an annual basis, producer prices fell 1.7%, marking the fourth consecutive month of year-on-year decline.

Industrial producer prices in the Euro Area increased 0.1% month-over-month in October 2025, rebounding after two consecutive declines and in line with market expectations. Energy costs rose 0.1%, recovering slightly from steep falls in the previous two months, while prices for intermediate and capital goods each climbed 0.1% following flat readings in September. By contrast, durable consumer goods inflation slowed to 0.1% from 0.3%, and non-durable consumer goods prices fell 0.2%, compared with a 0.1% rise in September. On an annual basis, producer prices fell 0.5%, marking the third consecutive month of year-on-year decline, highlighting ongoing moderation in industrial inflation across the region.