Producer prices in the Euro Area jumped 9.6 percent from a year earlier in May 2021, a near record rate of increase and slightly above market expectations of 9.5 percent. source: EUROSTAT
Producer Prices Change in the Euro Area averaged 1.84 percent from 1982 until 2021, reaching an all time high of 10.80 percent in January of 1982 and a record low of -8.20 percent in July of 2009. This page provides the latest reported value for - Euro Area Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Producer Prices Change in Euro Area is expected to be 3.80 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 Euro Area to stand at 2.00 in 12 months time. In the long-term, the Euro Area Producer Prices Change is projected to trend around 1.70 percent in 2022 and 1.80 percent in 2023, according to our econometric models.