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. source: Statistics Belgium
Producer Prices Change in Belgium averaged 1.52 percent from 2011 until 2021, reaching an all time high of 15.01 percent in February of 2017 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 June of 2021.
Producer Prices Change in Belgium 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 Belgium to stand at 2.20 in 12 months time. In the long-term, the Belgium Producer Prices Change is projected to trend around 1.80 percent in 2022, according to our econometric models.