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Business, Economy, Euro
Internal Market, Industry, Entrepreneurship and SMEs

Decomposing producer price inflation in the euro area – quarterly update

Updated every quarter, this indicator provides a measure of the relative importance of supply and demand factors in determining the inflationary pressure in the euro area.

Key messages of this edition

  • Producer prices in industry in the euro zone continued to decline in 2024Q3, by -1.6% year-on-year.
  • This decrease reflects lower pressures from input costs such as energy and strong base-effects.
  • Monetary policy action is determining the disinflationary trend of demand factors.