Austria's producer prices decreased 1.5 percent from a year earlier in October of 2020, following a 1.8 percent fall in the prior month, marking the 17th consecutive month of deflation. Prices continued to fall for energy (-5.4 percent vs -5.5 percent in September) and intermediate goods (-1.6 percent vs -2.2 percent). Conversely, costs went up for capital goods (0.6 percent, the same pace as in September) and consumer goods (0.6 percent vs 0.5 percent). On a monthly basis, producer prices went up 0.2 percent, after increasing 0.1 percent in the previous month. source: Statistics Austria
Producer Prices Change in Austria averaged 0.79 percent from 2001 until 2020, reaching an all time high of 5.47 percent in December of 2010 and a record low of -3.20 percent in July of 2009. This page provides - Austria Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Producer Prices Change in Austria is expected to be -1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Austria to stand at 1.10 in 12 months time. In the long-term, the Austria Producer Prices Change is projected to trend around 1.30 percent in 2021 and 1.10 percent in 2022, according to our econometric models.