Producer prices in the Euro Area dropped by 2.8 percent from a month earlier in January 2023, more than market expectations of a 0.3 percent decrease and after a 1.1 percent rise in December. Energy prices tumbled 9.4 percent, down from a 2.4 percent increase in the previous month. On the other hand, cost rose for intermediate goods (0.8 percent vs -0.5 percent), capital goods (1.2 percent vs 0.3 percent), durable consumer goods (1.6 percent vs 0.4 percent) and non-durable consumer goods (1.5 percent vs 0.5 percent). Without energy, producer prices rose 1.1 percent month-on-month, the most since May 2022. source: EUROSTAT
Producer Price Inflation MoM in Euro area averaged 0.23 percent from 1995 until 2023, reaching an all time high of 5.40 percent in October of 2021 and a record low of -3.00 percent in October of 2022. 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 March of 2023.
Producer Price Inflation MoM in Euro area is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.