Producer prices (PPI) · Euro Area

Euro Area PPI YoY

The Euro Area PPI YoY measures the prices that producers in the Euro Area receive for their goods (and in some countries services), or pay for their inputs, before taxes and retail margins.

Importance
Medium
Released
Monthly
Next release
Currency
EUR · euro
Central bank
The European Central Bank
Moves
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Latest figures

The latest release, for SEP, was published on 5 November 2026 and came in at 11.1%. That is above the consensus of 10.9%. It is up from 8.3% the time before (revised).

A higher figure than expected makes the European Central Bank more likely to keep rates high or raise them: it tends to support the euro and push bond yields up, and is often a weight on stocks.

Over the last 12 releases it ranged from -3.0% to 11.1%, averaging 2.8%. It has been rising for three releases in a row.

Dec 2025: -0.5%Jan 2026: -1.7%Feb 2026: -2.1%Mar 2026: -2.1%Apr 2026: -3%May 2026: 2.1%Jun 2026: 4.9%Jul 2026: 5.9%Aug 2026: 4.6%Sep 2026: 5.8%Oct 2026: 8.2%Nov 2026: 11.1% Dec 2025Nov 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
5 Nov 2026SEP11.1%10.9%8.3% ®
5 Oct 2026AUG8.2%8.1%5.8%
3 Sep 2026JUL5.8%–4.6%
5 Aug 2026JUN4.6%4.6%5.9%
6 Jul 2026MAY5.9%5.7%5% ®
3 Jun 2026APR4.9%4.8%2% ®
6 May 2026MAR2.1%1.8%-3%
8 Apr 2026FEB-3%-3%-2% ®
4 Mar 2026JAN-2.1%-2.7%-2% ®
4 Feb 2026DEC-2.1%-2.3%-1.4% ®
8 Jan 2026NOV-1.7%-1.9%-0.5%
3 Dec 2025OCT-0.5%-0.4%-0.2%

See it in the economic calendar →

Why it matters

Producer prices are an early warning for consumer inflation: when factories pay more for energy and materials, part of the cost reaches shop prices in the following months. They also show profit pressure.

How it is calculated

Eurostat surveys companies on the prices of representative products at the factory gate; the index is weighted by each product's share of output. Input PPI covers materials and fuel bought; output PPI the goods sold.

PPI change (yoy) = PPI ÷ PPI 12 months ago − 1

What changes mean

  • Input prices rising faster than output prices squeeze margins.
  • A sharp move in PPI often reflects oil and metals; check the core (ex food and energy) version.

Higher than expected: A higher figure than expected makes the European Central Bank more likely to keep rates high or raise them: it tends to support the euro and push bond yields up, and is often a weight on stocks.

Lower than expected: A lower figure than expected gives the European Central Bank room to cut or hold rates lower: the euro tends to soften and bond yields to fall.

A short history

Wholesale price indexes are among the oldest economic statistics; the US index dates back to 1902 and was renamed the Producer Price Index in 1978.

Questions

What is the Euro Area PPI YoY?

The Euro Area PPI YoY measures the prices that producers in the Euro Area receive for their goods (and in some countries services), or pay for their inputs, before taxes and retail margins.

What was the latest Euro Area PPI YoY?

11.1% for SEP, published on 5 November 2026 (consensus 10.9%, previous 8.3%).

When is the next Euro Area PPI YoY?

On Thursday 3 December 2026 at 10:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.