Industrial producer prices in the Euro Area fell 0.1 percent from a month earlier in May 2019, following a 0.3 percent decline in April and matching market expectations. Producer Prices in the Euro Area averaged 80.24 Index Points from 1981 until 2019, reaching an all time high of 106.20 Index Points in October of 2018 and a record low of 49.10 Index Points in January of 1981.
Producer Prices in Euro Area is expected to be 107.30 Index 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 107.30 in 12 months time. In the long-term, the Euro Area Producer Prices is projected to trend around 111.10 Index Points in 2020, according to our econometric models.