Industrial producer prices in the Euro Area increased 4.0 percent from a year earlier in November 2018, following a 4.9 percent rise in the previous month and compared to market expectations of a 4.1 percent gain. It was the lowest producer inflation since June. Producer Prices Change in the Euro Area averaged 1.96 percent from 1982 until 2018, reaching an all time high of 10.80 percent in January of 1982 and a record low of -8.20 percent in July of 2009.
Producer Prices Change in Euro Area is expected to be 2.10 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 Euro Area to stand at 2.30 in 12 months time. In the long-term, the Euro Area Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.