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.