The annual producer inflation in the Euro Area fell to 35.8 percent in June of 2022 from 36.2 percent in May, the lowest in four months and slightly above market expectations of 35.7 percent. Prices slowed for energy (92.8 percent vs 94 percent in May) and intermediate goods (23.8 percent vs 25 percent) while cost accelerated for capital goods (7.6 percent vs 7.1 percent), durable consumer goods (9.5 percent vs 9.1 percent) and non-durable consumer goods (12.5 percent vs 12.1 percent). Excluding energy, producer prices advanced 15.6 percent, easing from 16 percent in May. source: EUROSTAT
Producer Prices Change in the Euro Area averaged 2.48 percent from 1982 until 2022, reaching an all time high of 37.20 percent in April of 2022 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 August of 2022.
Producer Prices Change in Euro Area is expected to be 28.00 percent 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 Change is projected to trend around 2.50 percent in 2023 and 2.00 percent in 2024, according to our econometric models.