Euro Area EUR

Euro Area PPI YoY

Info

History

Chart

Impact:

Low

Source: EUROSTAT

Latest Release:

Date:

Surprise:

-0.1%

Actual:

1.9%

Forecast: 2%

Previous/Revision:

Period: Mar

Next Release:

Date:

Period: Apr

What Does It Measure?

The Euro Area Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output. It focuses primarily on the inflation within the production sector, including goods and services, and assesses key indicators such as energy prices, intermediate goods, and consumer goods, with values above 100 typically indicating inflationary pressures.

Frequency

The Euro Area PPI is released monthly, providing preliminary estimates that are subject to revision; it is typically published on the first working day of the following month.

Why Do Traders Care?

Traders closely monitor the PPI for indications of inflationary trends that can influence monetary policy decisions, thus impacting financial markets. A higher-than-expected PPI can lead to appreciation of the euro and upward movements in equities due to anticipated interest rate hikes, while lower readings may have the opposite effect.

What Is It Derived From?

The Euro Area PPI is derived from a longitudinal survey that collects price data from producers across a broad range of industries within the eurozone. The calculation involves a weighting system based on the sales values of the producer goods and services, ensuring that the index accurately reflects production price changes.

Description

The PPI is significant as it often serves as a leading indicator of consumer price inflation (CPI), reflecting price movements before they reach the consumer. The distinction between preliminary and final reports is important as preliminary data is based on early estimates and subject to future revisions, while final data reflects a more accurate assessment of producer price changes, with financial markets often reacting more sharply to preliminary reports due to their immediacy.

Additional Notes

The PPI is considered a leading economic indicator, offering insight into future consumer price inflation and overall economic health. Variations in the PPI can correlate strongly with broader economic trends within the Euro Area and have implications for monetary policy decisions of the European Central Bank, as well as comparative assessments with price indices released in other global markets.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for the Euro, Bullish for Stocks. Lower than expected: Bearish for the Euro, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 06, 2025	1.9%	2%	3%	-0.1%
Apr 03, 2025	3%	3.4%	1.7%	-0.4%
Mar 05, 2025	1.8%	1.4%	0.1%	0.4%
Feb 05, 2025	0%	-0.1%	-1.2%	0.1%
Jan 08, 2025	-1.2%	-1.3%	-3.3%	0.1%
Dec 04, 2024	-3.2%	-3.3%	-3.4%	0.1%
Nov 06, 2024	-3.4%	-3.5%	-2.3%	0.1%
Oct 03, 2024	-2.3%	-2.4%	-2.2%	0.1%
Sep 04, 2024	-2.1%	-2.5%	-3.3%	0.4%
Aug 05, 2024	-3.2%	-3.3%	-4.1%	0.1%
Jul 03, 2024	-4.2%	-4.1%	-5.7%	-0.1%
Jun 05, 2024	-5.7%	-5.1%	-7.8%	-0.6%
May 06, 2024	-7.8%	-7.7%	-8.5%	-0.1%
Apr 04, 2024	-8.3%	-8.6%	-8%	0.3%
Mar 05, 2024	-8.6%	-8.1%	-10.7%	-0.5%
Feb 05, 2024	-10.6%	-10.5%	-8.8%	-0.1%
Jan 05, 2024	-8.8%	-8.7%	-9.4%	-0.1%
Dec 05, 2023	-9.4%	-9.5%	-12.4%	0.1%
Nov 07, 2023	-12.4%	-12.5%	-11.5%	0.1%
Oct 04, 2023	-11.5%	-11.6%	-7.6%	0.1%
Sep 05, 2023	-7.6%	-7.6%	-3.4%
Aug 03, 2023	-3.4%	-3.1%	-1.6%	-0.3%
Jul 05, 2023	-1.5%	-1.3%	0.9%	-0.2%
Jun 05, 2023	1%	1.4%	5.5%	-0.4%
May 04, 2023	5.9%	5.9%	13.3%
Apr 04, 2023	13.2%	13.3%	15.1%	-0.1%
Mar 03, 2023	15%	17.7%	24.5%	-2.7%
Feb 03, 2023	24.6%	22.5%	27%	2.1%
Jan 05, 2023	27.1%	27.5%	30.5%	-0.4%
Dec 02, 2022	30.8%	31.5%	41.9%	-0.7%
Nov 04, 2022	41.9%	42%	43.4%	-0.1%
Oct 04, 2022	43.3%	43.1%	38%	0.2%
Sep 02, 2022	37.9%	35.8%	36%	2.1%
Aug 03, 2022	35.8%	35.7%	36.2%	0.1%
Jul 04, 2022	36.3%	36.7%	37.2%	-0.4%
Jun 02, 2022	37.2%	38.5%	36.9%	-1.3%
May 03, 2022	36.8%	36.3%	31.5%	0.5%
Apr 06, 2022	31.4%	31.5%	30.6%	-0.1%
Mar 03, 2022	30.6%	27%	26.3%	3.6%
Feb 03, 2022	26.2%	26.1%	23.7%	0.1%
Jan 06, 2022	23.7%	22.9%	21.9%	0.8%
Dec 02, 2021	21.9%	19%	16.1%	2.9%
Nov 04, 2021	16%	15.2%	13.4%	0.8%
Oct 05, 2021	13.4%	13.5%	12.4%	-0.1%
Sep 02, 2021	12.1%	11%	10.2%	1.1%
Aug 03, 2021	10.2%	10.3%	9.6%	-0.1%
Jul 02, 2021	9.6%	9.5%	7.6%	0.1%
Jun 02, 2021	7.6%	7.3%	4.3%	0.3%
May 05, 2021	4.3%	4.2%	1.5%	0.1%
Apr 08, 2021	1.5%	1.4%	0.4%	0.1%
Mar 03, 2021	0%	-0.4%	-1.1%	0.4%
Feb 03, 2021	-1.1%	-1.2%	-1.9%	0.1%
Jan 06, 2021	-1.9%	-2.2%	-2%	0.3%
Dec 02, 2020	-2%	-2.4%	-2.3%	0.4%
Nov 04, 2020	-2.4%	-2.4%	-2.6%
Oct 01, 2020	-2.5%	-2.7%	-3.1%	0.2%
Sep 02, 2020	-3.3%	-3.4%	-3.7%	0.1%
Aug 04, 2020	-3.7%	-3.9%	-5%	0.2%
Jul 02, 2020	-5%	-4.8%	-4.5%	-0.2%
Jun 03, 2020	-4.5%	-4%	-2.8%	-0.5%
May 05, 2020	-2.8%	-2.6%	-1.4%	-0.2%
Apr 02, 2020	-1.3%	-0.7%	-0.7%	-0.6%
Mar 03, 2020	-0.5%	-0.5%	-0.6%
Feb 04, 2020	-0.7%	-0.7%	-1.4%
Jan 06, 2020	-1.4%	-1.5%	-1.9%	0.1%
Dec 03, 2019	-1.9%	-1.9%	-1.2%
Nov 05, 2019	-1.2%	-1.2%	-0.8%
Oct 03, 2019	-0.8%	-0.5%	0.1%	-0.3%
Sep 03, 2019	0.2%	0.2%	0.7%
Aug 02, 2019	0.7%	0.8%	1.6%	-0.1%
Jul 02, 2019	1.6%	1.7%	2.6%	-0.1%
Jun 05, 2019	2.6%	3.2%	2.9%	-0.6%
May 03, 2019	2.9%	3%	3%	-0.1%
Apr 02, 2019	3%	3.1%	2.9%	-0.1%
Mar 04, 2019	3%	2.9%	3%	0.1%
Feb 04, 2019	3%	3.2%	4%	-0.2%
Jan 04, 2019	4%	4.1%	4.9%	-0.1%
Dec 04, 2018	4.9%	4.5%	4.6%	0.4%
Nov 06, 2018	4.5%	4.2%	4.3%	0.3%
Oct 02, 2018	4.2%	3.8%	4.3%	0.4%
Sep 04, 2018	4%	3.9%	3.6%	0.1%
Aug 02, 2018	3.6%	3.5%	3%	0.1%
Jul 03, 2018	3%	2.7%	1.9%	0.3%
Jun 04, 2018	2%	2.4%	2.1%	-0.4%
May 03, 2018	2.1%	2.1%	1.6%
Apr 05, 2018	1.6%	1.5%	1.6%	0.1%
Mar 02, 2018	1.5%	1.6%	2.2%	-0.1%
Feb 02, 2018	2.2%	2.3%	2.8%	-0.1%
Jan 05, 2018	2.8%	2.5%	2.5%	0.3%
Dec 04, 2017	2.5%	2.5%	2.8%
Nov 06, 2017	2.9%	2.8%	2.5%	0.1%
Oct 03, 2017	2.5%	2.3%	2%	0.2%
Sep 04, 2017	2%	2.2%	2.4%	-0.2%
Aug 02, 2017	2.5%	2.4%	3.4%	0.1%
Jul 04, 2017	3.3%	3.5%	4.3%	-0.2%
Jun 02, 2017	4.3%	4.5%	3.9%	-0.2%
May 03, 2017	3.9%	4.1%	4.5%	-0.2%
Apr 03, 2017	4.5%	4.3%	3.9%	0.2%
Mar 02, 2017	3.5%	3.2%	1.6%	0.3%
Feb 02, 2017	1.6%	1.3%	0.1%	0.3%
Jan 05, 2017	0.1%	-0.1%	-0.4%	0.2%
Dec 02, 2016	-0.4%	-1%	-1.5%	0.6%
Nov 04, 2016	-1.5%	-1.8%	-1.9%	0.3%
Oct 04, 2016	-2.1%	-2.1%	-2.6%
Sep 02, 2016	-2.8%	-2.9%	-3.1%	0.1%
Aug 02, 2016	-3.1%	-3.5%	-3.9%	0.4%
Jul 04, 2016	-3.9%	-4.1%	-4.4%	0.2%
Jun 02, 2016	-4.4%	-4.1%	-4.1%	-0.3%
May 03, 2016	-4.2%	-4.3%	-4.2%	0.1%
Apr 04, 2016	-4.2%	-4%	-3%	-0.2%
Mar 02, 2016	-2.9%	-2.9%	-3%
Feb 02, 2016	-3%	-2.8%	-3.2%	-0.2%
Jan 06, 2016	-3.2%	-3.1%	-3.2%	-0.1%
Dec 02, 2015	-3.1%	-3.2%	-3.2%	0.1%
Nov 04, 2015	-3.1%	-3.3%	-2.6%	0.2%
Oct 02, 2015	-2.6%	-2.4%	-2.1%	-0.2%
Sep 02, 2015	-2.1%	-2.1%	-2.1%
Aug 04, 2015	-2.2%	-2.2%	-2%
Jul 02, 2015	-2%	-2%	-2.2%
Jun 02, 2015	-2.2%	-2%	-2.3%	-0.2%
May 05, 2015	-2.3%	-2.3%	-2.8%