Producer prices in the Euro Area rose 2.3 percent in July 2021, the largest monthly increase since January 1995 and well above market expectations of 1.1 percent, adding to signs of inflationary pressure. Cost rose for all categories: energy (5.7 percent vs 3.4 percent in June); intermediate goods (1.9 percent vs 1.3 percent); durable consumer goods (0.7 percent vs 0.3 percent); capital goods (0.5 percent vs 0.4 percent); and non-durable consumer goods (0.1 percent vs 0.3 percent). On a yearly basis, producer prices jumped 12.1 percent in July, the most on record, reflecting a low base year due to the pandemic and a solid economic recovery. source: EUROSTAT
Producer Prices in the Euro Area averaged 81.53 points from 1981 until 2021, reaching an all time high of 113.40 points in July of 2021 and a record low of 49.10 points in January of 1981. This page provides the latest reported value for - Euro Area Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Producer Prices - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Producer Prices in Euro Area is expected to be 115.53 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Producer Prices is projected to trend around 112.94 points in 2022 and 114.97 points in 2023, according to our econometric models.