Producer Prices in European Union decreased 1 percent in November of 2019 over the same month in the previous year. Producer Prices Change in European Union averaged 1.71 percent from 1991 until 2019, reaching an all time high of 10.70 percent in July of 2008 and a record low of -7.60 percent in July of 2009.
Producer Prices Change in European Union is expected to be -0.20 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 European Union to stand at 1.20 in 12 months time. In the long-term, the European Union Producer Prices Change is projected to trend around 1.60 percent in 2020, according to our econometric models.