Belgium’s producer prices rose 31.4 percent year-on-year in November of 2021 from 28.1 percent in the previous month. It was the highest producer inflation since at least 2011, largely due to the low base effects from last year. Prices accelerated for both the domestic market (39 percent vs 34.4 percent in October) and the foreign market (20.8 percent vs 19.1 percent). On a monthly basis, producer inflation rose by 2.9 percent slowing from a 7.8 percent increase in October. source: Statistics Belgium
Producer Prices Change in Belgium averaged 2.62 percent from 2011 until 2021, reaching an all time high of 31.40 percent in November of 2021 and a record low of -8.80 percent in May of 2020. This page provides - Belgium Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Producer Prices Change in Belgium is expected to be 19.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Producer Prices Change is projected to trend around 1.50 percent in 2023, according to our econometric models.