Producer prices in the Euro Area rose 1.1 percent from a month earlier in August of 2021, following an upwardly revised 2.5 percent increase in July and below market expectations of a 1.3 percent rise. It was the 15th consecutive month of increases in producer prices, but at the softest pace since April. Prices slowed for energy (2 percent vs 6.7 percent in July); intermediate goods (1.4 percent vs 2 percent) and durable consumer goods (0.3 percent vs 0.7 percent). At the same time, inflation remained steady for capital goods (at 0.5 percent) and non-durable consumer goods (at 0.2 percent). On a yearly basis, producer prices jumped 13.4 percent in August, the most on record, reflecting a low base year due to the pandemic and a solid economic recovery. source: EUROSTAT
Producer Prices in the Euro Area averaged 81.60 points from 1981 until 2021, reaching an all time high of 114.90 points in August 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 October of 2021.
Producer Prices in Euro Area is expected to be 111.05 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Producer Prices is projected to trend around 112.94 points in 2022 and 114.97 points in 2023, according to our econometric models.