Euro Area Producer Prices Change

Annual industrial producer price inflation in the Euro Area slowed to 0.3% in May 2025, down from 0.7% in the previous month, in line with market expectations. The deceleration was largely driven by a sharper drop in energy prices (-1.4% vs. -0.5% in April). Price growth also eased for intermediate goods (0.3% vs. 0.4%) and capital goods (1.6% vs. 1.7%). In contrast, inflation accelerated for both durable (1.4% vs. 0.9%) and non-durable consumer goods (1.9% vs. 1.8%). On a monthly basis, producer prices dropped by 0.6% in May, after a 2.2% decline in April.