Producer prices in the Euro Area increased 0.7% month-over-month in May of 2022, easing from a 1.2% rise in April and below forecasts of 1%. The slowdown in monthly producer inflation is due to a 0.2% drop in energy costs while price increases were seen for intermediate goods (1.7%), non-durable consumer goods (1.3%), durable consumer goods (0.9%) and capital goods (0.6%). source: EUROSTAT
Producer Price Inflation MoM in the Euro Area averaged 0.21 percent from 1995 until 2022, 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 July of 2022.
Producer Price Inflation MoM in Euro area is expected to be 1.30 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 and 0.30 percent in 2024, according to our econometric models.