Producer prices in the Euro Area fell 0.4% month-over-month in June 2023, the sixth consecutive period of decline and compared with market expectations of a 0.2% fall. Downward pressure came from the prices of intermediate goods (-0.7% vs -1% in May), such as steel, sugar and wood; and energy (-0.5% vs -5.2%). Meanwhile, prices for capital goods, such as machinery, tools and buildings, rose by 0.1%, after being flat in the prior month, while durable and non-durable goods prices were unchanged. Excluding the impact of energy, producer prices showed a decrease of 0.3% in June, following an upwardly revised 0.5% fall in May. source: EUROSTAT

Producer Price Inflation MoM in Euro area averaged 0.20 percent from 1995 until 2023, reaching an all time high of 5.40 percent in October of 2021 and a record low of -3.30 percent in April of 2023. This page includes a chart with historical data for Euro Area Producer Price Inflation MoM. Euro Area Producer Price Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Producer Price Inflation MoM in Euro area is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Producer Price Inflation MoM is projected to trend around 0.30 percent in 2024 and 0.20 percent in 2025, according to our econometric models.

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Euro Area Producer Price Inflation MoM



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-05 09:00 AM May -1.9% -3.2% -1.8% -1.6%
2023-08-03 09:00 AM Jun -0.4% -1.9% -0.2% -0.3%
2023-09-05 09:00 AM Jul -0.4% 0.3%


Related Last Previous Unit Reference
Inflation Rate 5.30 5.50 percent Jul 2023
Inflation Rate MoM -0.10 0.30 percent Jul 2023
Consumer Price Index CPI 123.36 123.47 points Jul 2023
Core Consumer Prices 116.39 116.55 points Jul 2023
Core Inflation Rate 5.50 5.50 percent Jul 2023
GDP Deflator 119.30 117.33 points Mar 2023
Producer Prices 145.80 146.40 points Jun 2023
Producer Prices Change -3.40 -1.60 percent Jun 2023
Import Prices 118.20 118.70 points Jun 2023
Food Inflation 11.60 12.60 percent Jul 2023
Producer Price Inflation MoM -0.40 -1.90 percent Jun 2023
CPI Transportation 126.85 125.13 points Jul 2023
CPI Housing Utilities 128.85 129.18 points Jul 2023

Euro Area Producer Price Inflation MoM
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
-0.40 -1.90 5.40 -3.30 1995 - 2023 percent Monthly
NSA

News Stream
Eurozone Producer Prices Fall for 6th Month
Producer prices in the Euro Area fell 0.4% month-over-month in June 2023, the sixth consecutive period of decline and compared with market expectations of a 0.2% fall. Downward pressure came from the prices of intermediate goods (-0.7% vs -1% in May), such as steel, sugar and wood; and energy (-0.5% vs -5.2%). Meanwhile, prices for capital goods, such as machinery, tools and buildings, rose by 0.1%, after being flat in the prior month, while durable and non-durable goods prices were unchanged. Excluding the impact of energy, producer prices showed a decrease of 0.3% in June, following an upwardly revised 0.5% fall in May.
2023-08-03
Eurozone Producer Prices Fall for 4th Month
Producer prices in the Euro Area slumped 1.9 percent month-over-month in May 2023, the fifth consecutive period of decline and compared with market expectations of a 1.8 percent fall. The drop in prices was primarily driven by a substantial decrease in energy costs, which tumbled by 5.0 percent. Additionally, prices for intermediate goods declined by 1.0 percent and those for non-durable consumer goods dropped by 0.1 percent. Meanwhile, the cost of capital goods was unchanged and that of durable consumer goods rose by 0.3 percent. Excluding the impact of energy, producer prices still showed a decrease of 0.4 percent in May, following a 0.2 percent fall in April.
2023-07-05
Eurozone Producer Prices Post Largest Monthly Fall on Record
Producer prices in the Euro Area slumped 3.2 percent month-over-month in April 2023, the largest decline on record and compared with market expectations of a 3.1 percent fall. The drop in prices was primarily driven by a substantial decrease in energy costs, which tumbled by 10.1 percent. Additionally, prices for intermediate goods declined by 0.6 percent. However, there were upward pressures observed in other categories. Prices for capital goods increased by 0.4 percent, durable consumer goods by 0.2 percent, and non-durable consumer goods by 0.3 percent. Excluding the impact of energy, producer prices still showed a decrease of 0.1 percent in April, following a 0.1 percent gain in March.
2023-06-05