An increase in industrial prices might be an early signal of inflationary pressures in the economy.

Berlin

Industrial producer prices have increased slightly across Europe, with the euro area seeing a 0.2% rise and the broader EU a 0.4% rise compared to the previous year. Bulgaria recorded the highest annual increase, followed by Denmark and Romania, while countries such as Estonia, Luxembourg, Portugal, and Lithuania saw price decreases.

Sector analysis shows that energy and intermediate goods experienced price declines, while non-durable consumer goods, capital goods, and durable consumer goods saw price hikes. The industrial producer prices index, which excludes VAT and similar taxes, is considered a key indicator for future price trends and is used in shaping EU fiscal and monetary policies.

Where in Europe are industrial product prices rising the most?

Where are industrial prices rising the most in Europe? Compared to one year ago, producing goods has become 0.2% more expensive in the euro area and 0.4% more expensive across the EU. An increase in industrial prices might be an early signal of inflationary pressures in the economy. Bulgaria reported the highest annual increase, followed by Denmark and Romania. Meanwhile, prices decreased in several countries, including Estonia, Luxembourg, Portugal and Lithuania. When zooming in on individual sectors, industrial prices decreased by 1.1% for energy and by 0.1% for intermediate goods. More significant hikes were recorded by sectors like non-durable consumer goods such as food, drinks and cosmetics, capital goods like machinery tools and durable consumer goods like smartphones. The industrial producer prices index reflects basic prices, excluding VAT and similar deductible taxes. It can indicate subsequent price changes for businesses and consumers. This is why the data is used for formulating fiscal and monetary policies across the EU.

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Washington

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Los Angeles

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Jerusalem

Middle East Conflict

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Odesa Oblast

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Breakdown