Producer prices in the Euro Area rose 1.8 percent from a month earlier in November 2021, easing from a 5.4 percent jump seen in October but beating market expectations of a 1.2 percent gain. Prices have been rising steadily amid global supply chains disruptions and a surge in energy prices. Energy cost jumped 3.5 percent (vs 16.8 percent in October) and intermediate goods prices advanced 1.5 percent (vs 1.4 percent in October). Additional upward pressure came from non-durable consumer goods (0.6 percent vs 0.5 percent), durable consumer goods (0.5 percent, the same as in October), and capital goods (0.4 percent vs 0.5 percent). source: EUROSTAT
Producer Price Inflation MoM in the Euro Area averaged 0.16 percent from 1995 until 2021, reaching an all time high of 5.40 percent in October of 2021 and a record low of -2.10 percent in April of 2020. This page includes a chart with historical data for Euro Area Producer Price Inflation MoM. Euro Area Producer Price Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Producer Price Inflation MoM in Euro area is expected to be 1.00 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 Price Inflation MoM is projected to trend around 0.40 percent in 2023, according to our econometric models.