Belgium’s producer prices increased by 18.9 percent year-on-year in July of 2021, rising from a 17 percent increase in the previous month. It was the highest producer inflation rate since at least 2011, as prices rose by 23.1 percent in the domestic market and 13 percent in the non-domestic market. On a monthly basis, producer prices excluding construction inched up by 3.3 percent, mainly driven by a 9 percent surge in energy cost.Producer Prices in Belgium increased 18.92 percent in July of 2021 over the same month in the previous year. source: Statistics Belgium

Producer Prices Change in Belgium averaged 1.90 percent from 2011 until 2021, reaching an all time high of 18.92 percent in July of 2021 and a record low of -8.80 percent in May of 2020. This page provides - Belgium Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Belgium Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Producer Prices Change in Belgium is expected to be 21.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium Producer Prices Change is projected to trend around 0.50 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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Belgium Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
18.90 17.00 18.90 -8.80 2011 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-31 09:30 AM Apr 12.0% 8.0% 9.4%
2021-06-30 09:30 AM May 17.2% 12.0% 17%
2021-07-30 09:30 AM Jun 17% 17.2% 17.6%
2021-08-31 09:30 AM Jul 18.9% 17% 17.6%
2021-09-30 09:30 AM Aug 18.9% 19.5%
2021-10-29 10:30 AM Sep 21.2%
2021-11-30 10:30 AM Oct 20.5%
2021-12-23 10:30 AM Nov 20.1%


News Stream
Belgium July Producer Inflation at Record High
Belgium’s producer prices increased by 18.9 percent year-on-year in July of 2021, rising from a 17 percent increase in the previous month. It was the highest producer inflation rate since at least 2011, as prices rose by 23.1 percent in the domestic market and 13 percent in the non-domestic market. On a monthly basis, producer prices excluding construction inched up by 3.3 percent, mainly driven by a 9 percent surge in energy cost.
2021-08-31
Belgium Producer Inflation Remains High
Producer inflation in Belgium eased to 17% in June of 2021 from 17.2% in May which was the highest in over 10 years. Prices were up 20.8% in the domestic market and 11.6% in the foreign one. On a monthly basis, producer prices excluding construction surged 2%, mainly due to a 3.4% jump in energy cost.
2021-07-30
Belgium Producer Inflation Hits Record in May
Belgium’s producer prices advanced by 17.2 percent from a year earlier in May of 2021, after rising by 12 percent in the previous month. Producer inflation went up for the 5th consecutive month to reach the highest reading since at least January 2011, as prices rose by 20.1 percent in the domestic market and 13.0 percent in the non-domestic market. On a monthly basis, producer prices grew by 1.3 percent.
2021-06-30
Belgium Producer Inflation at 4-year High
Belgium’s producer prices surged by 12 percent from a year earlier in April of 2021, after rising by 8 percent in the previous month. Producer inflation went up for the 4th consecutive month to reach the highest since April of 2017, amid low base effects from last year when the coronavirus pandemic hit the economies hard. Prices rose by 13.1 percent in the domestic market and 10.3 percent in the non-domestic market. On a monthly basis, producer prices grew by 1.2 percent.
2021-05-31

Belgium Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.