Producer prices in the Euro Area rose 1.1 percent month-over-month in June of 2022, accelerating from a downwardly revised 0.5 percent increase in May and above market expectations of a 1 percent gain. The pick up in monthly producer inflation was mainly due to a rebound in energy prices (2.7 percent vs -0.5 percent in May) while cost slowed for intermediate goods (0.4 percent vs 1.7 percent), capital goods (0.4 percent vs 0.6 percent), durable consumer goods (0.7 percent vs 0.9 percent) and non-durable consumer goods (0.7 percent vs 1.1 percent). source: EUROSTAT
Producer Price Inflation MoM in the Euro Area averaged 0.21 percent from 1995 until 2022, reaching an all time high of 5.40 percent in October of 2021 and a record low of -2.10 percent in April of 2020. 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 August of 2022.
Producer Price Inflation MoM in Euro area is expected to be 1.30 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 Price Inflation MoM is projected to trend around 0.40 percent in 2023 and 0.30 percent in 2024, according to our econometric models.