The producer price inflation in the Euro Area eased further to 27.1 percent year-on-year in November 2022, down from a revised 30.5 percent in the previous month and below market expectations of 27.5 percent. Still, it continued to indicate inflationary pressures across Europe remained high amid a looming economic recession, rising borrowing costs and a deepening energy crisis. It was the lowest rate since December 2021 as cost rose at a softer pace for energy (55.7 percent vs 64.9 percent in October), intermediate goods (15.3 percent vs 17.5 percent) and durable consumer goods (9.4 percent vs 9.8 percent), while inflation was unchanged for both capital (at 7.6 percent) and non-durable consumer goods (at 16.0 percent). Without energy, producer prices rose 13.1 percent year-on-year in November, decelerating from 14.0 percent the month before. source: EUROSTAT

Producer Prices Change in Euro Area averaged 2.82 percent from 1982 until 2022, reaching an all time high of 43.50 percent in August of 2022 and a record low of -8.20 percent in July of 2009. This page provides the latest reported value for - Euro Area Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Producer Prices Change in Euro Area is expected to be 17.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Euro Area Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-12-02 10:00 AM Oct 30.8% 41.9% 31.5% 32.1%
2023-01-05 10:00 AM Nov 27.1% 30.5% 27.5% 28.2%
2023-02-03 10:00 AM Dec 27.1% 22.5% 24.8%


Related Last Previous Unit Reference
Inflation Rate 9.20 10.10 percent Dec 2022
Inflation Rate MoM -0.40 -0.10 percent Dec 2022
Consumer Price Index CPI 120.52 120.95 points Dec 2022
Core Inflation Rate 5.20 5.00 percent Dec 2022
Core Consumer Prices 113.26 112.60 points Dec 2022
GDP Deflator 114.71 113.42 points Sep 2022
Producer Prices 161.00 162.50 points Nov 2022
Producer Prices Change 27.10 30.50 percent Nov 2022
Import Prices 121.00 120.80 points Oct 2022
Food Inflation 16.00 16.00 percent Dec 2022
CPI Transportation 122.65 124.89 points Dec 2022
CPI Housing Utilities 133.48 137.24 points Dec 2022

Euro Area Producer Prices Change
In the Euro Area, producer prices change measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
27.10 30.50 43.50 -8.20 1982 - 2022 percent Monthly

News Stream
Eurozone Producer Inflation Slows to 11-Month Low
The producer price inflation in the Euro Area eased further to 27.1 percent year-on-year in November 2022, down from a revised 30.5 percent in the previous month and below market expectations of 27.5 percent. Still, it continued to indicate inflationary pressures across Europe remained high amid a looming economic recession, rising borrowing costs and a deepening energy crisis. It was the lowest rate since December 2021 as cost rose at a softer pace for energy (55.7 percent vs 64.9 percent in October), intermediate goods (15.3 percent vs 17.5 percent) and durable consumer goods (9.4 percent vs 9.8 percent), while inflation was unchanged for both capital (at 7.6 percent) and non-durable consumer goods (at 16.0 percent). Without energy, producer prices rose 13.1 percent year-on-year in November, decelerating from 14.0 percent the month before.
2023-01-05
Eurozone Producer Inflation Eases More than Forecast
The producer price inflation in the Euro Area slowed sharply to 30.8 percent year-on-year in October 2022, down from September's 41.9 percent and August's all-time high of 43.4 percent, and coming in below market expectations of 31.5 percent. Still, it continued to indicate inflationary pressures across Europe remained high amid a weakening economic outlook and a deepening energy crisis, suggesting there is a need for continued monetary tightening. Energy cost was up 65.8 percent from a year earlier (vs 108.0 percent in September) and intermediate goods prices increased 17.4 percent (vs 18.9 percent in September). Meanwhile, inflation was little-changed for capital goods (7.5 percent vs 7.6 percent) and for durable consumer goods (at 9.8 percent), while picked up for non-durable consumer goods (16.0 percent vs 15.2 percent). Without energy, producer prices rose 14.0 percent year-on-year in October, decelerating from 14.5 percent the month before.
2022-12-02
Eurozone Producer Inflation Remains High in September
The producer price inflation in the Euro Area eased to 41.9 percent year-on-year in September 2022, down from an all-time high of 43.4 percent in August and slightly below market expectations of 42.0 percent. Still, the reading added to concerns over mounting inflationary pressure across Europe amid a weakening economic outlook and a deepening energy crisis, increasing pressure on the European Central Bank to continue its monetary policy tightening. Energy cost was up 108.2 percent from a year earlier (vs 117.1 percent in August) and non-durable consumer goods prices increased 15.2 percent (vs 14.5 percent in August). Meanwhile, inflation slowed for both intermediate (19.0 percent vs 20.0 percent) and capital goods (7.6 percent vs 7.8 percent), and was unchanged for durable consumer goods (at 9.8 percent). Without energy, producer prices rose 14.5 percent year-on-year in September, decelerating from 14.6 percent the month before.
2022-11-04