The annual producer inflation in the Euro Area fell to 36.3% in May of 2022 from a record-high of 37.2% in April and below market expectations of 36.7%. Prices slowed for energy (94.4% vs 99% in April) and intermediate goods (25% vs 25.2%). On the other hand, cost rose further for durable (9.1% vs 8.6%) and non-durable consumer goods (12.3% vs 11.9%) and capital goods (9.1% vs 8.6%). Excluding energy, producer prices advanced 16%, accelerating from 15.6% in April. source: EUROSTAT
Producer Prices Change in the Euro Area averaged 2.41 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 July 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.