Eurozone producer price index rose in line with forecasts in March

According to estimates from Eurostat, in March 2021, industrial producer prices rose by 1.1% in the euro area and by 1.2% in the EU, compared with February 2021. In February 2021, prices increased by 0.5% in the euro area and by 0.6% in the EU.

In March 2021, compared with March 2020, industrial producer prices increased by 4.3% in the euro area and by 4.5% in the EU.

Industrial producer prices in the euro area in March 2021, compared with February 2021, increased by 2.0% in the energy sector, by 1.3% for intermediate goods, by 0.8% for non-durable consumer goods, by 0.3% for capital goods and by 0.2% for durable consumer goods. Prices in total industry excluding energy increased by 0.9%. In the EU, industrial producer prices increased by 1.9% in the energy sector, by 1.5% for intermediate goods, by 0.8% for non-durable consumer goods, by 0.3% for capital goods and by 0.2% for durable consumer goods. Prices in total industry excluding energy increased by 0.9%.

Industrial producer prices in the euro area in March 2021, compared with March 2020, increased by 10.3% in the energy sector, by 4.4% for intermediate goods, by 1.4% for durable consumer goods, by 1.1% for capital goods and by 0.4% for non-durable consumer goods. Prices in total industry excluding energy increased by 2.3%. In the EU, industrial producer prices increased by 10.9% in the energy sector, by 4.6% for intermediate goods, by 1.6% for durable consumer goods, by 1.1% for capital goods and by 0.4% for non-durable consumer goods. Prices in total industry excluding energy increased by 2.5%.