Producer prices in the Euro Area rose 1.3 from a month earlier in May 2021, a 12th consecutive month of increase and above market expectations of 1.2 percent. Main upward pressure came from energy (2.1 percent vs 1.2 percent in April), intermediate goods (1.8 percent, the same as in April), and capital goods (0.4 percent vs 0.3 percent). On a yearly basis, producer prices jumped 9.6 percent in May, a near record rate, reflecting a low base year due to the pandemic and the re-opening of the bloc's economy. source: EUROSTAT
Producer Prices in the Euro Area averaged 81.41 points from 1981 until 2021, reaching an all time high of 109.30 points in May of 2021 and a record low of 49.10 points in January of 1981. This page provides the latest reported value for - Euro Area Producer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Producer Prices - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Producer Prices in Euro Area is expected to be 106.89 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices in Euro Area to stand at 111.49 in 12 months time. In the long-term, the Euro Area Producer Prices is projected to trend around 107.68 points in 2022 and 109.62 points in 2023, according to our econometric models.