Watch the video: Where in Europe are industrial product prices rising the most?

Published on 02/10/2025 - 10:32 GMT+2

Compared to 1 twelvemonth ago, producing goods has go 0.2% much costly successful the Euro country and 0.4% more costly crossed the EU, according to Eurostat.

Bulgaria reported the sharpest yearly summation (+10.7%), followed by Denmark (+4.5%) and Romania (+2.5%).

At the aforesaid time, the terms decreased successful respective countries, including Estonia (-6.1%), Luxembourg (-4.5%), Portugal (-3.6%) and Lithuania (-3.1%).

In presumption of idiosyncratic marketplace sectors, concern shaper prices fell by 1.1% for energy, and by 0.1% for intermediate goods.

In contrast, non-durable goods sectors, specified arsenic food, drinks, and cosmetics, reported a 2.2% increase. Likewise, important terms hikes were reported successful machinery tools (+1.7%) and durable user goods similar smartphones (+1.6%).

The Industrial Producer Prices scale is calculated astatine basal prices, excluding VAT and akin deductible taxes.

Because it often anticipates downstream terms movements, it is wide utilized successful shaping fiscal and monetary argumentation crossed the EU.

Between 2015 and 2020, concern shaper prices were comparatively stable.

But the COVID-19 pandemic disrupted this trend.

During the archetypal wave, prices fell by astir 4% successful conscionable 3 months (February-May 2020) - a driblet which Eurostat described arsenic "remarkable", though smaller than that seen during the 2008-09 fiscal crisis.

From May 2020 to September 2022, prices surged, expanding by astir two-thirds.

Then, they fell again betwixt September and July 2023: "almost arsenic dynamically arsenic they had increased", said Eurostat.

Since mid-2023, prices person been stabilising compared with steep swings of erstwhile years, but stay astatine "historically precocious levels", according to the institute.