The annual producer inflation in the Euro Area increased to a new record high of 37.2% in April of 2022 from an upwardly revised 36.9% in March, showing that inflationary pressures in Europe have not peaked yet, and reinforcing the case for the ECB to start tightening faster. Still, figures came below market forecasts of 38.5%. The main driver behind the surge continued to be the energy (99.2%) but rises were also widespread in other categories. Excluding energy, prices rose 15.6% including intermediate goods (25.1%), non-durable consumer goods (11.2%), durable consumer goods (8.5%), and capital goods (7.2%). Compared to the previous month, producer prices increased 1.2%. source: EUROSTAT

Producer Prices Change in the Euro Area averaged 2.34 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 June of 2022.

Producer Prices Change in Euro Area is expected to be 36.00 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.

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Euro Area Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-05-03 09:00 AM Mar 36.8% 31.5% 36.3% 36.5%
2022-06-02 09:00 AM Apr 37.2% 36.9% 38.5% 39%
2022-07-04 09:00 AM May 37.2% 37.1% 36.9%


Related Last Previous Unit Reference
Inflation Rate 8.10 7.40 percent May 2022
Inflation Rate Mom 0.80 0.60 percent May 2022
Consumer Price Index CPI 116.07 115.11 points May 2022
Core Inflation Rate 3.80 3.50 percent May 2022
Core Consumer Prices 110.25 109.73 points May 2022
GDP Deflator 110.62 109.67 points Dec 2021
Producer Prices 148.00 146.30 points Apr 2022
Producer Prices Change 37.20 36.90 percent Apr 2022
Import Prices 118.40 115.60 points Apr 2022
Food Inflation 8.70 7.40 percent May 2022
CPI Transportation 124.46 122.75 points May 2022
CPI Housing Utilities 124.74 124.03 points May 2022

Euro Area Producer Prices Change
In the Euro Area, producer prices change measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
37.20 36.90 37.20 -8.20 1982 - 2022 percent Monthly

News Stream
Eurozone Producer Inflation Hits 37% in April
The annual producer inflation in the Euro Area increased to a new record high of 37.2% in April of 2022 from an upwardly revised 36.9% in March, showing that inflationary pressures in Europe have not peaked yet, and reinforcing the case for the ECB to start tightening faster. Still, figures came below market forecasts of 38.5%. The main driver behind the surge continued to be the energy (99.2%) but rises were also widespread in other categories. Excluding energy, prices rose 15.6% including intermediate goods (25.1%), non-durable consumer goods (11.2%), durable consumer goods (8.5%) and capital goods (7.2%). Compared to the previous month, producer prices increased 1.2%.
2022-06-02
Eurozone Producer Inflation Hits New Record High
Annual producer inflation in the Euro Area hit a fresh record high of 36.8 percent in March of 2022, compared to a revised 31.5 percent in February and above market expectations of 36.3 percent. Main upward pressure came from rising energy costs (104.1 percent vs 87.3 percent in February) as Russia's invasion of Ukraine pushed up prices that were already rising due to the economic recovery following the pandemic. Excluding energy, producer inflation rose 13.6 percent, driven by more expensive intermediate goods amid persistent supply bottlenecks. On a monthly basis, producer prices rose 5.3 percent after a 1.1 percent gain in February.
2022-05-03
Eurozone Producer Inflation Hits Fresh Record
Annual producer inflation in the Euro Area hit a fresh record high of 31.4 percent in February of 2022, compared to 30.6 percent in January and below market expectations of 31.5 percent. Energy costs surged 87.2 percent followed by intermediate goods (20.8 percent), durable consumer goods (7.2 percent), non-durable consumer goods (6.8 percent) and capital goods (5.9 percent). Excluding energy, producer inflation was 12.2 percent. On a monthly basis, producer prices rose 1.1 percent, after a 5.1 percent jump in January.
2022-04-06