Producer prices in Austria fell 0.2 percent year-on-year in June of 2019, after a 0.6 percent increase in the previous month. It marked the first fall in producer prices since November 2016, as cost fell for energy (-1.9 percent vs 0.6 percent in May) and intermediate goods (-0.6 percent from a flat reading) while capital goods prices advanced at a slower pace (1.0 percent vs 1.1 percent). On the other hand, consumer goods prices increased faster (1.0 percent vs 0.9 percent). On a monthly basis, producer prices dropped 0.4 percent, following a 0.2 percent drop in May. Producer Prices Change in Austria averaged 0.95 percent from 2001 until 2019, reaching an all time high of 5.47 percent in December of 2010 and a record low of -3.20 percent in July of 2009.
Producer Prices Change in Austria is expected to be 1.00 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 Austria to stand at 1.60 in 12 months time. In the long-term, the Austria Producer Prices Change is projected to trend around 0.90 percent in 2020, according to our econometric models.