Eurozone Producer Prices Rise the Most Since 2022
2026-05-06 09:11
By
Joana Ferreira
1 min. read
Eurozone producer prices rose 3.4% month-over-month in March 2026, reversing February’s 0.6% decline and slightly exceeding market expectations of 3.3%.
This marked the steepest monthly increase since August 2022, primarily driven by an 11.1% surge in energy prices amid the Iran war, the sharpest rise since January 2022.
Additional upward pressure came from intermediate goods (0.7% vs. 0.3% in February), non-durable consumer goods (0.3% vs. -0.2%), capital goods (0.2%, unchanged from February), and durable consumer goods (0.2%, unchanged from February).
Excluding energy, producer prices increased 0.5% in March, following a 0.1% gain the previous month.
Year-over-year, producer prices climbed 2.1%, rebounding from February’s 3.0% decline and surpassing forecasts of 1.8%.